Calculate a Loan Payment for a $8700 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.


  • $8700 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $36.68
3.25% $37.86
3.50% $39.07
3.75% $40.29
4.00% $41.54
4.25% $42.80
4.50% $44.08
4.75% $45.38
5.00% $46.70
5.25% $48.04
5.50% $49.40
5.75% $50.77
6.00% $52.16
6.25% $53.57
6.50% $54.99
6.75% $56.43
7.00% $57.88
7.25% $59.35
7.50% $60.83
7.75% $62.33
8.00% $63.84
8.25% $65.36
8.50% $66.90
8.75% $68.44