Calculate a Loan Payment for a $15,800 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.


  • $15,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $66.61
3.25% $68.76
3.50% $70.95
3.75% $73.17
4.00% $75.43
4.25% $77.73
4.50% $80.06
4.75% $82.42
5.00% $84.82
5.25% $87.25
5.50% $89.71
5.75% $92.20
6.00% $94.73
6.25% $97.28
6.50% $99.87
6.75% $102.48
7.00% $105.12
7.25% $107.78
7.50% $110.48
7.75% $113.19
8.00% $115.93
8.25% $118.70
8.50% $121.49
8.75% $124.30