$108,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 108k interest only loan?
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Use this calculator to determine the monthly payment of a $108,000 interest only loan payment. In this type of loan no principal is paid off so the balance must be paid off at a future point, usually through a balloon payment or refinance.
Interest Only Payment Table For a 108k Loan
Rate Payment
0.25% $22.50
0.5% $45.00
0.75% $67.50
1% $90.00
1.25% $112.50
1.5% $135.00
1.75% $157.50
2% $180.00
2.25% $202.50
2.5% $225.00
2.75% $247.50
3% $270.00
3.25% $292.50
3.5% $315.00
3.75% $337.50
4% $360.00
4.25% $382.50
4.5% $405.00
4.75% $427.50
5% $450.00
Interest Only Payment Table For a 108k Loan
Rate Payment
5.25% $472.50
5.5% $495.00
5.75% $517.50
6% $540.00
6.25% $562.50
6.5% $585.00
6.75% $607.50
7% $630.00
7.25% $652.50
7.5% $675.00
7.75% $697.50
8% $720.00
8.25% $742.50
8.5% $765.00
8.75% $787.50
9% $810.00
9.25% $832.50
9.5% $855.00
9.75% $877.50
10% $900.00