Calculate a Loan Payment for a $48,400 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.


  • $48,400 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $204.06
3.25% $210.64
3.50% $217.34
3.75% $224.15
4.00% $231.07
4.25% $238.10
4.50% $245.24
4.75% $252.48
5.00% $259.82
5.25% $267.27
5.50% $274.81
5.75% $282.45
6.00% $290.18
6.25% $298.01
6.50% $305.92
6.75% $313.92
7.00% $322.01
7.25% $330.17
7.50% $338.42
7.75% $346.74
8.00% $355.14
8.25% $363.61
8.50% $372.15
8.75% $380.76