$3 million loan for 15 years - calculate:

Calculate payments: $3 million loan, 15 years term.

Loan calculator:
Loan:   $     interest rate:   %     for:   years and   months

Loan Amount:Payment
Every Month:		Total
Payments:		Total
Interest:
$3000000, 2.4%, 15 years $22667$4080000$1080000
$3000000, 2.8%, 15 years $23667$4260000$1260000
$3000000, 3.3%, 15 years $24917$4485000$1485000
$3000000, 3.8%, 15 years $26167$4710000$1710000
$3000000, 8%, 15 years $36667$6600000$3600000

$3 million loan for 120 months, 210 months, or 270 months:

Loan Amount:Payment
Every Month:		Total
Payments:		Total
Interest:
$3 million, 2.8%, 120 months$32000$3840000$840000
$3 million, 3.3%, 210 months$22536$4732500$1732500
$3 million, 3.3%, 270 months$19361$5227500$2227500

Calculations applicable for many banks: Bank of America, Citigroup, JP Morgan Chase & Co., U.S. Bancorp, etc.