Calculate a Loan Payment for a $20,900 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.


  • $20,900 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $88.12
3.25% $90.96
3.50% $93.85
3.75% $96.79
4.00% $99.78
4.25% $102.82
4.50% $105.90
4.75% $109.02
5.00% $112.20
5.25% $115.41
5.50% $118.67
5.75% $121.97
6.00% $125.31
6.25% $128.68
6.50% $132.10
6.75% $135.56
7.00% $139.05
7.25% $142.57
7.50% $146.14
7.75% $149.73
8.00% $153.36
8.25% $157.01
8.50% $160.70
8.75% $164.42