Monthly Payment on a $25,000 Loan at 5% APR for 24 Months
A $25,000 loan at 5% APR repaid over 24 months has a monthly payment of $1,096.78. Over the full 24 months (2 years) term you'd pay $1,322.83 in total interest, bringing the total cost of the loan to $26,322.83. A 5% APR is typical for borrowers with excellent credit (760+). Adjust the figures in the calculator below to see how a different rate, amount, or term changes your payment.
Monthly Payment
$1,096.78
at 5% APR
Total Interest
$1,322.83
over 24 months
Total Cost
$26,322.83
principal + interest
Loan Summary
$25,000 · 5% APR · 24 months
| Loan amount | $25,000 |
| Interest rate (APR) | 5% |
| Term | 24 months (2 years) |
| Monthly payment | $1,096.78 |
| Total interest paid | $1,322.83 |
| Total cost of loan | $26,322.83 |
Loan Calculator
Monthly Payment
$1,096.78
Total Paid
$26,322.83
Total Interest
$1,322.83
$25,000 at 5% APR · 24-Month Loan FAQs
What is the monthly payment on a $25,000 loan at 5% APR for 24 months?
The monthly payment on a $25,000 loan at 5% APR over 24 months is $1,096.78. 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 5% APR over 24 months, you'll pay $1,322.83 in total interest on a $25,000 loan. Combined with the $25,000 you borrowed, the total amount repaid is $26,322.83.
Is 5% a good APR for a personal loan?
A 5% APR is generally available to borrowers with excellent credit (760+). This is among the lower rates lenders offer and reflects strong creditworthiness.
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