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What is the monthly payment on a $25,000 loan at 9% for 3 years?

Answer
$795/month
Monthly payment: $795Total interest: $3,620Total cost: $28,62036 monthly payments

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How We Calculated This

M = P × [r(1+r)^n] / [(1+r)^n - 1]

P=$25,000, r=9%/12=0.7500%, n=36. M = $795

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Calculated using verified formulas. Last updated March 2026.