Calculate a Loan Payment for a $400 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.


  • $400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $1.69
3.25% $1.74
3.50% $1.80
3.75% $1.85
4.00% $1.91
4.25% $1.97
4.50% $2.03
4.75% $2.09
5.00% $2.15
5.25% $2.21
5.50% $2.27
5.75% $2.33
6.00% $2.40
6.25% $2.46
6.50% $2.53
6.75% $2.59
7.00% $2.66
7.25% $2.73
7.50% $2.80
7.75% $2.87
8.00% $2.94
8.25% $3.01
8.50% $3.08
8.75% $3.15