Calculate a Loan Payment for a $38,200 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.


  • $38,200 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $161.05
3.25% $166.25
3.50% $171.54
3.75% $176.91
4.00% $182.37
4.25% $187.92
4.50% $193.55
4.75% $199.27
5.00% $205.07
5.25% $210.94
5.50% $216.90
5.75% $222.92
6.00% $229.03
6.25% $235.20
6.50% $241.45
6.75% $247.76
7.00% $254.15
7.25% $260.59
7.50% $267.10
7.75% $273.67
8.00% $280.30
8.25% $286.98
8.50% $293.72
8.75% $300.52