$3,000 personal loan: monthly payments by term and interest rate
A $3,000 personal loan costs between $66.73 and $141.22 a month at 12% APR, depending on the term. Pick a term below to see the full cost, or use the table to compare rates.
Advertisement
Monthly payment on $3,000 by term and APR
Read across for the interest rate and down for the length of the loan.
$3,000 personal loan: monthly payment
| Term | 8% APR | 10% APR | 12% APR | 15% APR | 20% APR | 25% APR |
|---|---|---|---|---|---|---|
| 2 years | $135.68 | $138.43 | $141.22 | $145.46 | $152.69 | $160.11 |
| 3 years | $94.01 | $96.80 | $99.64 | $104.00 | $111.49 | $119.28 |
| 4 years | $73.24 | $76.09 | $79.00 | $83.49 | $91.29 | $99.47 |
| 5 years | $60.83 | $63.74 | $66.73 | $71.37 | $79.48 | $88.05 |
Fixed rate, equal monthly payments, no fees.
$3,000 over each term
Sources and further reading
Questions people ask
What is the cheapest way to borrow $3,000?
The cheapest loan has the lowest APR and the shortest term you can afford, with no origination fee. Compare banks, credit unions and online lenders using prequalification, which uses a soft credit check.
Results are estimates for information only, not financial advice. Read the full disclaimer.
More free calculators
Advertisement