Calculate a Loan Payment for a $23,800 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.


  • $23,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $100.34
3.25% $103.58
3.50% $106.87
3.75% $110.22
4.00% $113.62
4.25% $117.08
4.50% $120.59
4.75% $124.15
5.00% $127.76
5.25% $131.42
5.50% $135.13
5.75% $138.89
6.00% $142.69
6.25% $146.54
6.50% $150.43
6.75% $154.37
7.00% $158.34
7.25% $162.36
7.50% $166.41
7.75% $170.51
8.00% $174.64
8.25% $178.80
8.50% $183.00
8.75% $187.23