Calculate a Loan Payment for a $42,000 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.


  • $42,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $177.07
3.25% $182.79
3.50% $188.60
3.75% $194.51
4.00% $200.51
4.25% $206.61
4.50% $212.81
4.75% $219.09
5.00% $225.47
5.25% $231.93
5.50% $238.47
5.75% $245.10
6.00% $251.81
6.25% $258.60
6.50% $265.47
6.75% $272.41
7.00% $279.43
7.25% $286.51
7.50% $293.67
7.75% $300.89
8.00% $308.18
8.25% $315.53
8.50% $322.94
8.75% $330.41