Calculate a Loan Payment for a $55,700 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.


  • $55,700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $234.83
3.25% $242.41
3.50% $250.12
3.75% $257.96
4.00% $265.92
4.25% $274.01
4.50% $282.22
4.75% $290.56
5.00% $299.01
5.25% $307.58
5.50% $316.26
5.75% $325.05
6.00% $333.95
6.25% $342.95
6.50% $352.06
6.75% $361.27
7.00% $370.57
7.25% $379.97
7.50% $389.46
7.75% $399.04
8.00% $408.71
8.25% $418.46
8.50% $428.28
8.75% $438.19