Calculate a Loan Payment for a $23,400 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.


  • $23,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $98.66
3.25% $101.84
3.50% $105.08
3.75% $108.37
4.00% $111.72
4.25% $115.11
4.50% $118.56
4.75% $122.07
5.00% $125.62
5.25% $129.22
5.50% $132.86
5.75% $136.56
6.00% $140.29
6.25% $144.08
6.50% $147.90
6.75% $151.77
7.00% $155.68
7.25% $159.63
7.50% $163.62
7.75% $167.64
8.00% $171.70
8.25% $175.80
8.50% $179.93
8.75% $184.09