Calculate a Loan Payment for a $31,400 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.


  • $31,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $132.38
3.25% $136.65
3.50% $141.00
3.75% $145.42
4.00% $149.91
4.25% $154.47
4.50% $159.10
4.75% $163.80
5.00% $168.56
5.25% $173.39
5.50% $178.29
5.75% $183.24
6.00% $188.26
6.25% $193.34
6.50% $198.47
6.75% $203.66
7.00% $208.90
7.25% $214.20
7.50% $219.55
7.75% $224.95
8.00% $230.40
8.25% $235.90
8.50% $241.44
8.75% $247.02