Calculate a Loan Payment for a $15,500 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.


  • $15,500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $65.35
3.25% $67.46
3.50% $69.60
3.75% $71.78
4.00% $74.00
4.25% $76.25
4.50% $78.54
4.75% $80.86
5.00% $83.21
5.25% $85.59
5.50% $88.01
5.75% $90.45
6.00% $92.93
6.25% $95.44
6.50% $97.97
6.75% $100.53
7.00% $103.12
7.25% $105.74
7.50% $108.38
7.75% $111.04
8.00% $113.73
8.25% $116.45
8.50% $119.18
8.75% $121.94