Monthly Payment on a $25,000 Loan at 8% APR for 18 Months
A $25,000 loan at 8% APR repaid over 18 months has a monthly payment of $1,478.51. Over the full 18 months (1.5 years) term you'd pay $1,613.13 in total interest, bringing the total cost of the loan to $26,613.13. A 8% APR is typical for borrowers with very good credit (720+). Adjust the figures in the calculator below to see how a different rate, amount, or term changes your payment.
Monthly Payment
$1,478.51
at 8% APR
Total Interest
$1,613.13
over 18 months
Total Cost
$26,613.13
principal + interest
Loan Summary
$25,000 · 8% APR · 18 months
| Loan amount | $25,000 |
| Interest rate (APR) | 8% |
| Term | 18 months (1.5 years) |
| Monthly payment | $1,478.51 |
| Total interest paid | $1,613.13 |
| Total cost of loan | $26,613.13 |
Loan Calculator
Monthly Payment
$1,478.51
Total Paid
$26,613.13
Total Interest
$1,613.13
$25,000 at 8% APR · 18-Month Loan FAQs
What is the monthly payment on a $25,000 loan at 8% APR for 18 months?
The monthly payment on a $25,000 loan at 8% APR over 18 months is $1,478.51. 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 $25,000 loan?
At 8% APR over 18 months, you'll pay $1,613.13 in total interest on a $25,000 loan. Combined with the $25,000 you borrowed, the total amount repaid is $26,613.13.
Is 8% a good APR for a personal loan?
A 8% APR is generally available to borrowers with very good credit (720+). This is among the lower rates lenders offer and reflects strong creditworthiness.
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