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Monthly Payment on a $15,000 Loan at 10% APR for 36 Months

A $15,000 loan at 10% APR repaid over 36 months has a monthly payment of $484.01. Over the full 36 months (3 years) term you'd pay $2,424.28 in total interest, bringing the total cost of the loan to $17,424.28. 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

$484.01

at 10% APR

Total Interest

$2,424.28

over 36 months

Total Cost

$17,424.28

principal + interest

Loan Summary

$15,000 · 10% APR · 36 months

Loan amount$15,000
Interest rate (APR)10%
Term36 months (3 years)
Monthly payment$484.01
Total interest paid$2,424.28
Total cost of loan$17,424.28

Loan Calculator

$

Monthly Payment

$484.01

Total Paid

$17,424.28

Total Interest

$2,424.28

PrincipalInterest
86.1%13.9%

$15,000 at 10% APR · 36-Month Loan FAQs

What is the monthly payment on a $15,000 loan at 10% APR for 36 months?

The monthly payment on a $15,000 loan at 10% APR over 36 months is $484.01. 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 36 months, you'll pay $2,424.28 in total interest on a $15,000 loan. Combined with the $15,000 you borrowed, the total amount repaid is $17,424.28.

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.

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