Calculate a Loan Payment for a $40,800 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.


  • $40,800 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $172.01
3.25% $177.56
3.50% $183.21
3.75% $188.95
4.00% $194.79
4.25% $200.71
4.50% $206.73
4.75% $212.83
5.00% $219.02
5.25% $225.30
5.50% $231.66
5.75% $238.10
6.00% $244.62
6.25% $251.21
6.50% $257.88
6.75% $264.63
7.00% $271.44
7.25% $278.33
7.50% $285.28
7.75% $292.30
8.00% $299.38
8.25% $306.52
8.50% $313.72
8.75% $320.97