Calculate a Loan Payment for a $31,700 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.


  • $31,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $133.65
3.25% $137.96
3.50% $142.35
3.75% $146.81
4.00% $151.34
4.25% $155.94
4.50% $160.62
4.75% $165.36
5.00% $170.17
5.25% $175.05
5.50% $179.99
5.75% $184.99
6.00% $190.06
6.25% $195.18
6.50% $200.37
6.75% $205.61
7.00% $210.90
7.25% $216.25
7.50% $221.65
7.75% $227.10
8.00% $232.60
8.25% $238.15
8.50% $243.75
8.75% $249.38