Calculate a Loan Payment for a $1300 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.


  • $1300 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $5.48
3.25% $5.66
3.50% $5.84
3.75% $6.02
4.00% $6.21
4.25% $6.40
4.50% $6.59
4.75% $6.78
5.00% $6.98
5.25% $7.18
5.50% $7.38
5.75% $7.59
6.00% $7.79
6.25% $8.00
6.50% $8.22
6.75% $8.43
7.00% $8.65
7.25% $8.87
7.50% $9.09
7.75% $9.31
8.00% $9.54
8.25% $9.77
8.50% $10.00
8.75% $10.23