Calculate a Loan Payment for a $23,300 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.


  • $23,300 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $98.23
3.25% $101.40
3.50% $104.63
3.75% $107.91
4.00% $111.24
4.25% $114.62
4.50% $118.06
4.75% $121.54
5.00% $125.08
5.25% $128.66
5.50% $132.29
5.75% $135.97
6.00% $139.70
6.25% $143.46
6.50% $147.27
6.75% $151.12
7.00% $155.02
7.25% $158.95
7.50% $162.92
7.75% $166.92
8.00% $170.97
8.25% $175.05
8.50% $179.16
8.75% $183.30