Calculate a Loan Payment for a $19,700 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.


  • $19,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $83.06
3.25% $85.74
3.50% $88.46
3.75% $91.23
4.00% $94.05
4.25% $96.91
4.50% $99.82
4.75% $102.76
5.00% $105.75
5.25% $108.78
5.50% $111.85
5.75% $114.96
6.00% $118.11
6.25% $121.30
6.50% $124.52
6.75% $127.77
7.00% $131.06
7.25% $134.39
7.50% $137.75
7.75% $141.13
8.00% $144.55
8.25% $148.00
8.50% $151.48
8.75% $154.98