Calculate a Loan Payment for a $31,800 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.


  • $31,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $134.07
3.25% $138.40
3.50% $142.80
3.75% $147.27
4.00% $151.82
4.25% $156.44
4.50% $161.13
4.75% $165.88
5.00% $170.71
5.25% $175.60
5.50% $180.56
5.75% $185.58
6.00% $190.66
6.25% $195.80
6.50% $201.00
6.75% $206.25
7.00% $211.57
7.25% $216.93
7.50% $222.35
7.75% $227.82
8.00% $233.34
8.25% $238.90
8.50% $244.51
8.75% $250.17