Calculate a Loan Payment for a $12,700 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.


  • $12,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $53.54
3.25% $55.27
3.50% $57.03
3.75% $58.82
4.00% $60.63
4.25% $62.48
4.50% $64.35
4.75% $66.25
5.00% $68.18
5.25% $70.13
5.50% $72.11
5.75% $74.11
6.00% $76.14
6.25% $78.20
6.50% $80.27
6.75% $82.37
7.00% $84.49
7.25% $86.64
7.50% $88.80
7.75% $90.98
8.00% $93.19
8.25% $95.41
8.50% $97.65
8.75% $99.91