Calculate a Loan Payment for a $40,700 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.


  • $40,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $171.59
3.25% $177.13
3.50% $182.76
3.75% $188.49
4.00% $194.31
4.25% $200.22
4.50% $206.22
4.75% $212.31
5.00% $218.49
5.25% $224.75
5.50% $231.09
5.75% $237.51
6.00% $244.02
6.25% $250.60
6.50% $257.25
6.75% $263.98
7.00% $270.78
7.25% $277.65
7.50% $284.58
7.75% $291.58
8.00% $298.64
8.25% $305.77
8.50% $312.95
8.75% $320.19