$115,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 115k interest only loan?
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Use this calculator to determine the monthly payment of a $115,000 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 115k Loan
Rate Payment
0.25% $23.96
0.5% $47.92
0.75% $71.88
1% $95.83
1.25% $119.79
1.5% $143.75
1.75% $167.71
2% $191.67
2.25% $215.63
2.5% $239.58
2.75% $263.54
3% $287.50
3.25% $311.46
3.5% $335.42
3.75% $359.38
4% $383.33
4.25% $407.29
4.5% $431.25
4.75% $455.21
5% $479.17
Interest Only Payment Table For a 115k Loan
Rate Payment
5.25% $503.13
5.5% $527.08
5.75% $551.04
6% $575.00
6.25% $598.96
6.5% $622.92
6.75% $646.88
7% $670.83
7.25% $694.79
7.5% $718.75
7.75% $742.71
8% $766.67
8.25% $790.63
8.5% $814.58
8.75% $838.54
9% $862.50
9.25% $886.46
9.5% $910.42
9.75% $934.38
10% $958.33
More Amounts
$116,000$117,000$118,000$119,000$120,000$121,000$122,000$123,000$124,000$125,000