Calculate a Loan Payment for a $23,600 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.


  • $23,600 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $99.50
3.25% $102.71
3.50% $105.97
3.75% $109.30
4.00% $112.67
4.25% $116.10
4.50% $119.58
4.75% $123.11
5.00% $126.69
5.25% $130.32
5.50% $134.00
5.75% $137.72
6.00% $141.49
6.25% $145.31
6.50% $149.17
6.75% $153.07
7.00% $157.01
7.25% $160.99
7.50% $165.01
7.75% $169.07
8.00% $173.17
8.25% $177.30
8.50% $181.46
8.75% $185.66