Calculate a Loan Payment for a $31,500 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.


  • $31,500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $132.81
3.25% $137.09
3.50% $141.45
3.75% $145.88
4.00% $150.39
4.25% $154.96
4.50% $159.61
4.75% $164.32
5.00% $169.10
5.25% $173.94
5.50% $178.85
5.75% $183.83
6.00% $188.86
6.25% $193.95
6.50% $199.10
6.75% $204.31
7.00% $209.57
7.25% $214.89
7.50% $220.25
7.75% $225.67
8.00% $231.14
8.25% $236.65
8.50% $242.21
8.75% $247.81