Calculate a Loan Payment for a $29,700 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.


  • $29,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $125.22
3.25% $129.26
3.50% $133.37
3.75% $137.55
4.00% $141.79
4.25% $146.11
4.50% $150.49
4.75% $154.93
5.00% $159.44
5.25% $164.00
5.50% $168.63
5.75% $173.32
6.00% $178.07
6.25% $182.87
6.50% $187.72
6.75% $192.63
7.00% $197.59
7.25% $202.61
7.50% $207.67
7.75% $212.77
8.00% $217.93
8.25% $223.13
8.50% $228.37
8.75% $233.65