Calculate a Loan Payment for a $24,400 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.


  • $24,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $102.87
3.25% $106.19
3.50% $109.57
3.75% $113.00
4.00% $116.49
4.25% $120.03
4.50% $123.63
4.75% $127.28
5.00% $130.98
5.25% $134.74
5.50% $138.54
5.75% $142.39
6.00% $146.29
6.25% $150.23
6.50% $154.22
6.75% $158.26
7.00% $162.33
7.25% $166.45
7.50% $170.61
7.75% $174.80
8.00% $179.04
8.25% $183.31
8.50% $187.61
8.75% $191.95