Calculate a Loan Payment for a $23,700 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.


  • $23,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $99.92
3.25% $103.14
3.50% $106.42
3.75% $109.76
4.00% $113.15
4.25% $116.59
4.50% $120.08
4.75% $123.63
5.00% $127.23
5.25% $130.87
5.50% $134.57
5.75% $138.31
6.00% $142.09
6.25% $145.92
6.50% $149.80
6.75% $153.72
7.00% $157.68
7.25% $161.68
7.50% $165.71
7.75% $169.79
8.00% $173.90
8.25% $178.05
8.50% $182.23
8.75% $186.45