Calculate a Loan Payment for a $38,000 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.


  • $38,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $160.21
3.25% $165.38
3.50% $170.64
3.75% $175.98
4.00% $181.42
4.25% $186.94
4.50% $192.54
4.75% $198.23
5.00% $203.99
5.25% $209.84
5.50% $215.76
5.75% $221.76
6.00% $227.83
6.25% $233.97
6.50% $240.19
6.75% $246.47
7.00% $252.81
7.25% $259.23
7.50% $265.70
7.75% $272.24
8.00% $278.83
8.25% $285.48
8.50% $292.19
8.75% $298.95