Calculate a Loan Payment for a $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.


  • $700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $2.95
3.25% $3.05
3.50% $3.14
3.75% $3.24
4.00% $3.34
4.25% $3.44
4.50% $3.55
4.75% $3.65
5.00% $3.76
5.25% $3.87
5.50% $3.97
5.75% $4.09
6.00% $4.20
6.25% $4.31
6.50% $4.42
6.75% $4.54
7.00% $4.66
7.25% $4.78
7.50% $4.89
7.75% $5.01
8.00% $5.14
8.25% $5.26
8.50% $5.38
8.75% $5.51