Calculate a Loan Payment for a $12,200 Loan
Loan Amount:        $
Interest Rate:        %
Length in Years:
Monthly Payment:  


  • Enter your loan amount, loan length, and length in years.
  • Common Loan lengths for cars are 3 years (36 months), 4 years (48 months), and 5 years (60 months).
  • Common Loan lengths for homes are 15 years, 20 years, 25 years, or 30 years.
  • Notice how the payment changes when the interest rate is 3,4,5,6 or 7 percent.


  • $12,200 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $51.44
3.25% $53.10
3.50% $54.78
3.75% $56.50
4.00% $58.24
4.25% $60.02
4.50% $61.82
4.75% $63.64
5.00% $65.49
5.25% $67.37
5.50% $69.27
5.75% $71.20
6.00% $73.15
6.25% $75.12
6.50% $77.11
6.75% $79.13
7.00% $81.17
7.25% $83.23
7.50% $85.30
7.75% $87.40
8.00% $89.52
8.25% $91.65
8.50% $93.81
8.75% $95.98