Calculate a Loan Payment for a $58,000 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.


  • $58,000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $244.53
3.25% $252.42
3.50% $260.45
3.75% $268.61
4.00% $276.90
4.25% $285.33
4.50% $293.88
4.75% $302.56
5.00% $311.36
5.25% $320.28
5.50% $329.32
5.75% $338.47
6.00% $347.74
6.25% $357.12
6.50% $366.60
6.75% $376.19
7.00% $385.88
7.25% $395.66
7.50% $405.54
7.75% $415.52
8.00% $425.58
8.25% $435.73
8.50% $445.97
8.75% $456.29