Calculate a Loan Payment for a $29,500 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.


  • $29,500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $124.37
3.25% $128.39
3.50% $132.47
3.75% $136.62
4.00% $140.84
4.25% $145.12
4.50% $149.47
4.75% $153.89
5.00% $158.36
5.25% $162.90
5.50% $167.50
5.75% $172.15
6.00% $176.87
6.25% $181.64
6.50% $186.46
6.75% $191.34
7.00% $196.26
7.25% $201.24
7.50% $206.27
7.75% $211.34
8.00% $216.46
8.25% $221.62
8.50% $226.83
8.75% $232.08