Calculate a Loan Payment for a $29,900 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.


  • $29,900 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $126.06
3.25% $130.13
3.50% $134.26
3.75% $138.47
4.00% $142.75
4.25% $147.09
4.50% $151.50
4.75% $155.97
5.00% $160.51
5.25% $165.11
5.50% $169.77
5.75% $174.49
6.00% $179.27
6.25% $184.10
6.50% $188.99
6.75% $193.93
7.00% $198.93
7.25% $203.97
7.50% $209.07
7.75% $214.21
8.00% $219.40
8.25% $224.63
8.50% $229.91
8.75% $235.22