Calculate a Loan Payment for a $6200 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.


  • $6200 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $26.14
3.25% $26.98
3.50% $27.84
3.75% $28.71
4.00% $29.60
4.25% $30.50
4.50% $31.41
4.75% $32.34
5.00% $33.28
5.25% $34.24
5.50% $35.20
5.75% $36.18
6.00% $37.17
6.25% $38.17
6.50% $39.19
6.75% $40.21
7.00% $41.25
7.25% $42.29
7.50% $43.35
7.75% $44.42
8.00% $45.49
8.25% $46.58
8.50% $47.67
8.75% $48.78