$109,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 109k interest only loan?
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Use this calculator to determine the monthly payment of a $109,000 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 109k Loan
Rate Payment
0.25% $22.71
0.5% $45.42
0.75% $68.13
1% $90.83
1.25% $113.54
1.5% $136.25
1.75% $158.96
2% $181.67
2.25% $204.38
2.5% $227.08
2.75% $249.79
3% $272.50
3.25% $295.21
3.5% $317.92
3.75% $340.63
4% $363.33
4.25% $386.04
4.5% $408.75
4.75% $431.46
5% $454.17
Interest Only Payment Table For a 109k Loan
Rate Payment
5.25% $476.88
5.5% $499.58
5.75% $522.29
6% $545.00
6.25% $567.71
6.5% $590.42
6.75% $613.13
7% $635.83
7.25% $658.54
7.5% $681.25
7.75% $703.96
8% $726.67
8.25% $749.38
8.5% $772.08
8.75% $794.79
9% $817.50
9.25% $840.21
9.5% $862.92
9.75% $885.63
10% $908.33