Calculate a Loan Payment for a $42,400 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.


  • $42,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $178.76
3.25% $184.53
3.50% $190.39
3.75% $196.36
4.00% $202.42
4.25% $208.58
4.50% $214.83
4.75% $221.18
5.00% $227.61
5.25% $234.13
5.50% $240.74
5.75% $247.43
6.00% $254.21
6.25% $261.06
6.50% $268.00
6.75% $275.01
7.00% $282.09
7.25% $289.24
7.50% $296.47
7.75% $303.76
8.00% $311.12
8.25% $318.54
8.50% $326.02
8.75% $333.56