Calculate a Loan Payment for a $20,200 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.


  • $20,200 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $85.16
3.25% $87.91
3.50% $90.71
3.75% $93.55
4.00% $96.44
4.25% $99.37
4.50% $102.35
4.75% $105.37
5.00% $108.44
5.25% $111.55
5.50% $114.69
5.75% $117.88
6.00% $121.11
6.25% $124.37
6.50% $127.68
6.75% $131.02
7.00% $134.39
7.25% $137.80
7.50% $141.24
7.75% $144.72
8.00% $148.22
8.25% $151.76
8.50% $155.32
8.75% $158.91