Calculate a Loan Payment for a $24,000 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.


  • $24,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $101.18
3.25% $104.45
3.50% $107.77
3.75% $111.15
4.00% $114.58
4.25% $118.07
4.50% $121.60
4.75% $125.20
5.00% $128.84
5.25% $132.53
5.50% $136.27
5.75% $140.06
6.00% $143.89
6.25% $147.77
6.50% $151.70
6.75% $155.66
7.00% $159.67
7.25% $163.72
7.50% $167.81
7.75% $171.94
8.00% $176.10
8.25% $180.30
8.50% $184.54
8.75% $188.81