Calculate a Loan Payment for a $29,400 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.


  • $29,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $123.95
3.25% $127.95
3.50% $132.02
3.75% $136.16
4.00% $140.36
4.25% $144.63
4.50% $148.97
4.75% $153.36
5.00% $157.83
5.25% $162.35
5.50% $166.93
5.75% $171.57
6.00% $176.27
6.25% $181.02
6.50% $185.83
6.75% $190.69
7.00% $195.60
7.25% $200.56
7.50% $205.57
7.75% $210.63
8.00% $215.73
8.25% $220.87
8.50% $226.06
8.75% $231.29