Calculate a Loan Payment for a $5500 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.


  • $5500 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $23.19
3.25% $23.94
3.50% $24.70
3.75% $25.47
4.00% $26.26
4.25% $27.06
4.50% $27.87
4.75% $28.69
5.00% $29.53
5.25% $30.37
5.50% $31.23
5.75% $32.10
6.00% $32.98
6.25% $33.86
6.50% $34.76
6.75% $35.67
7.00% $36.59
7.25% $37.52
7.50% $38.46
7.75% $39.40
8.00% $40.36
8.25% $41.32
8.50% $42.29
8.75% $43.27