Calculate a Loan Payment for a $55,000 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.


  • $55,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $231.88
3.25% $239.36
3.50% $246.97
3.75% $254.71
4.00% $262.58
4.25% $270.57
4.50% $278.68
4.75% $286.91
5.00% $295.25
5.25% $303.71
5.50% $312.28
5.75% $320.97
6.00% $329.75
6.25% $338.64
6.50% $347.64
6.75% $356.73
7.00% $365.92
7.25% $375.20
7.50% $384.57
7.75% $394.03
8.00% $403.57
8.25% $413.20
8.50% $422.90
8.75% $432.69