Calculate a Loan Payment for a $40,200 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.


  • $40,200 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $169.48
3.25% $174.95
3.50% $180.52
3.75% $186.17
4.00% $191.92
4.25% $197.76
4.50% $203.69
4.75% $209.70
5.00% $215.80
5.25% $221.99
5.50% $228.25
5.75% $234.60
6.00% $241.02
6.25% $247.52
6.50% $254.09
6.75% $260.74
7.00% $267.45
7.25% $274.23
7.50% $281.08
7.75% $288.00
8.00% $294.97
8.25% $302.01
8.50% $309.10
8.75% $316.25