Calculate a Loan Payment for a $15,900 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.


  • $15,900 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $67.04
3.25% $69.20
3.50% $71.40
3.75% $73.64
4.00% $75.91
4.25% $78.22
4.50% $80.56
4.75% $82.94
5.00% $85.35
5.25% $87.80
5.50% $90.28
5.75% $92.79
6.00% $95.33
6.25% $97.90
6.50% $100.50
6.75% $103.13
7.00% $105.78
7.25% $108.47
7.50% $111.18
7.75% $113.91
8.00% $116.67
8.25% $119.45
8.50% $122.26
8.75% $125.09