Calculate a Loan Payment for a $40,500 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.


  • $40,500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $170.75
3.25% $176.26
3.50% $181.86
3.75% $187.56
4.00% $193.35
4.25% $199.24
4.50% $205.21
4.75% $211.27
5.00% $217.41
5.25% $223.64
5.50% $229.95
5.75% $236.35
6.00% $242.82
6.25% $249.37
6.50% $255.99
6.75% $262.68
7.00% $269.45
7.25% $276.28
7.50% $283.18
7.75% $290.15
8.00% $297.17
8.25% $304.26
8.50% $311.41
8.75% $318.61