Monthly Payment on a $15,000 Loan at 10% APR for 30 Months
A $15,000 loan at 10% APR repaid over 30 months has a monthly payment of $567.17. Over the full 30 months (2.5 years) term you'd pay $2,015.13 in total interest, bringing the total cost of the loan to $17,015.13. A 10% APR is typical for borrowers with good credit (690+). Adjust the figures in the calculator below to see how a different rate, amount, or term changes your payment.
Monthly Payment
$567.17
at 10% APR
Total Interest
$2,015.13
over 30 months
Total Cost
$17,015.13
principal + interest
Loan Summary
$15,000 · 10% APR · 30 months
| Loan amount | $15,000 |
| Interest rate (APR) | 10% |
| Term | 30 months (2.5 years) |
| Monthly payment | $567.17 |
| Total interest paid | $2,015.13 |
| Total cost of loan | $17,015.13 |
Loan Calculator
Monthly Payment
$567.17
Total Paid
$17,015.13
Total Interest
$2,015.13
$15,000 at 10% APR · 30-Month Loan FAQs
What is the monthly payment on a $15,000 loan at 10% APR for 30 months?
The monthly payment on a $15,000 loan at 10% APR over 30 months is $567.17. This is calculated with the standard amortization formula and assumes equal fixed payments for the full term.
How much total interest will I pay on this $15,000 loan?
At 10% APR over 30 months, you'll pay $2,015.13 in total interest on a $15,000 loan. Combined with the $15,000 you borrowed, the total amount repaid is $17,015.13.
Is 10% a good APR for a personal loan?
A 10% APR is generally available to borrowers with good credit (690+). This is a mid-range rate — improving your credit score or adding a co-signer could help you qualify for a lower one.
Same Loan at a Different APR
Explore This Loan Further
Related tools:
Loan Calculator Debt Payoff Calculator Compound Interest Calculator