Calculate a Loan Payment for a $29,600 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.


  • $29,600 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $124.79
3.25% $128.82
3.50% $132.92
3.75% $137.08
4.00% $141.31
4.25% $145.61
4.50% $149.98
4.75% $154.41
5.00% $158.90
5.25% $163.45
5.50% $168.07
5.75% $172.74
6.00% $177.47
6.25% $182.25
6.50% $187.09
6.75% $191.99
7.00% $196.93
7.25% $201.92
7.50% $206.97
7.75% $212.06
8.00% $217.19
8.25% $222.37
8.50% $227.60
8.75% $232.86