Calculate a Loan Payment for a $24,600 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.


  • $24,600 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $103.71
3.25% $107.06
3.50% $110.46
3.75% $113.93
4.00% $117.44
4.25% $121.02
4.50% $124.64
4.75% $128.33
5.00% $132.06
5.25% $135.84
5.50% $139.68
5.75% $143.56
6.00% $147.49
6.25% $151.47
6.50% $155.49
6.75% $159.56
7.00% $163.66
7.25% $167.82
7.50% $172.01
7.75% $176.24
8.00% $180.51
8.25% $184.81
8.50% $189.15
8.75% $193.53