Calculate a Loan Payment for a $21,500 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.


  • $21,500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $90.64
3.25% $93.57
3.50% $96.54
3.75% $99.57
4.00% $102.64
4.25% $105.77
4.50% $108.94
4.75% $112.15
5.00% $115.42
5.25% $118.72
5.50% $122.07
5.75% $125.47
6.00% $128.90
6.25% $132.38
6.50% $135.89
6.75% $139.45
7.00% $143.04
7.25% $146.67
7.50% $150.33
7.75% $154.03
8.00% $157.76
8.25% $161.52
8.50% $165.32
8.75% $169.14