Monthly Payment on a $25,000 Loan at 8% APR for 48 Months
A $25,000 loan at 8% APR repaid over 48 months has a monthly payment of $610.32. Over the full 48 months (4 years) term you'd pay $4,295.51 in total interest, bringing the total cost of the loan to $29,295.51. 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
$610.32
at 8% APR
Total Interest
$4,295.51
over 48 months
Total Cost
$29,295.51
principal + interest
Loan Summary
$25,000 · 8% APR · 48 months
| Loan amount | $25,000 |
| Interest rate (APR) | 8% |
| Term | 48 months (4 years) |
| Monthly payment | $610.32 |
| Total interest paid | $4,295.51 |
| Total cost of loan | $29,295.51 |
Loan Calculator
Monthly Payment
$610.32
Total Paid
$29,295.51
Total Interest
$4,295.51
$25,000 at 8% APR · 48-Month Loan FAQs
What is the monthly payment on a $25,000 loan at 8% APR for 48 months?
The monthly payment on a $25,000 loan at 8% APR over 48 months is $610.32. 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 48 months, you'll pay $4,295.51 in total interest on a $25,000 loan. Combined with the $25,000 you borrowed, the total amount repaid is $29,295.51.
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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