Calculate a Loan Payment for a $15,700 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.


  • $15,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $66.19
3.25% $68.33
3.50% $70.50
3.75% $72.71
4.00% $74.95
4.25% $77.23
4.50% $79.55
4.75% $81.90
5.00% $84.28
5.25% $86.70
5.50% $89.14
5.75% $91.62
6.00% $94.13
6.25% $96.67
6.50% $99.23
6.75% $101.83
7.00% $104.45
7.25% $107.10
7.50% $109.78
7.75% $112.48
8.00% $115.20
8.25% $117.95
8.50% $120.72
8.75% $123.51