Calculate a Loan Payment for a $29,300 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.


  • $29,300 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $123.53
3.25% $127.52
3.50% $131.57
3.75% $135.69
4.00% $139.88
4.25% $144.14
4.50% $148.46
4.75% $152.84
5.00% $157.29
5.25% $161.80
5.50% $166.36
5.75% $170.99
6.00% $175.67
6.25% $180.41
6.50% $185.20
6.75% $190.04
7.00% $194.93
7.25% $199.88
7.50% $204.87
7.75% $209.91
8.00% $214.99
8.25% $220.12
8.50% $225.29
8.75% $230.50