Calculate a Loan Payment for a $29,000 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.


  • $29,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $122.27
3.25% $126.21
3.50% $130.22
3.75% $134.30
4.00% $138.45
4.25% $142.66
4.50% $146.94
4.75% $151.28
5.00% $155.68
5.25% $160.14
5.50% $164.66
5.75% $169.24
6.00% $173.87
6.25% $178.56
6.50% $183.30
6.75% $188.09
7.00% $192.94
7.25% $197.83
7.50% $202.77
7.75% $207.76
8.00% $212.79
8.25% $217.87
8.50% $222.98
8.75% $228.14