Calculate a Loan Payment for a $21,800 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.


  • $21,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $91.91
3.25% $94.87
3.50% $97.89
3.75% $100.96
4.00% $104.08
4.25% $107.24
4.50% $110.46
4.75% $113.72
5.00% $117.03
5.25% $120.38
5.50% $123.78
5.75% $127.22
6.00% $130.70
6.25% $134.23
6.50% $137.79
6.75% $141.39
7.00% $145.04
7.25% $148.71
7.50% $152.43
7.75% $156.18
8.00% $159.96
8.25% $163.78
8.50% $167.62
8.75% $171.50