$125,000 loan at 6% for 3 years
Monthly payment
$3,802.74/mo
Total interest
$11,899
Total paid back
$136,899
Term
36 payments
Borrowing $125,000 at 6% APR over 3 years (36 monthly payments) means you pay $3,802.74 each month. Over the full term you repay $136,899 in total — that's $11,899 of interest on top of the $125,000 you borrowed.