Calculate a Loan Payment for a $47,000 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.


  • $47,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $198.15
3.25% $204.55
3.50% $211.05
3.75% $217.66
4.00% $224.39
4.25% $231.21
4.50% $238.14
4.75% $245.17
5.00% $252.31
5.25% $259.54
5.50% $266.86
5.75% $274.28
6.00% $281.79
6.25% $289.39
6.50% $297.07
6.75% $304.84
7.00% $312.69
7.25% $320.62
7.50% $328.63
7.75% $336.71
8.00% $344.87
8.25% $353.10
8.50% $361.39
8.75% $369.75