Calculate a Loan Payment for a $40,300 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.


  • $40,300 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $169.91
3.25% $175.39
3.50% $180.97
3.75% $186.64
4.00% $192.40
4.25% $198.25
4.50% $204.19
4.75% $210.22
5.00% $216.34
5.25% $222.54
5.50% $228.82
5.75% $235.18
6.00% $241.62
6.25% $248.13
6.50% $254.72
6.75% $261.39
7.00% $268.12
7.25% $274.92
7.50% $281.78
7.75% $288.71
8.00% $295.71
8.25% $302.76
8.50% $309.87
8.75% $317.04