What is my loan rate? What is my loan rate? What is my loan rate? This loan rate calculator will calculate the interest rate on a loan given a loan amount, payment amount, and number of payments. Purchase price Down payment amount Payment amount Loan termMonthsYears Show payment schedule Your loan rate is 5.125 %. Calculator tipsYour payments add up to $34,071.60 which includes your payments to interest which add up to $4,071.60 over the life of the loan.This calculator uses monthly compounding and monthly payment frequency. Calculator disclaimer The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. Presented by TimeValue Software ©2022