Calculate a Loan Payment for a $12,400 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.


  • $12,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $52.28
3.25% $53.97
3.50% $55.68
3.75% $57.43
4.00% $59.20
4.25% $61.00
4.50% $62.83
4.75% $64.68
5.00% $66.57
5.25% $68.47
5.50% $70.41
5.75% $72.36
6.00% $74.34
6.25% $76.35
6.50% $78.38
6.75% $80.43
7.00% $82.50
7.25% $84.59
7.50% $86.70
7.75% $88.84
8.00% $90.99
8.25% $93.16
8.50% $95.35
8.75% $97.55