Calculate a Loan Payment for a $20,800 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.


  • $20,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $87.69
3.25% $90.52
3.50% $93.40
3.75% $96.33
4.00% $99.30
4.25% $102.32
4.50% $105.39
4.75% $108.50
5.00% $111.66
5.25% $114.86
5.50% $118.10
5.75% $121.38
6.00% $124.71
6.25% $128.07
6.50% $131.47
6.75% $134.91
7.00% $138.38
7.25% $141.89
7.50% $145.44
7.75% $149.01
8.00% $152.62
8.25% $156.26
8.50% $159.93
8.75% $163.63