$116,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 116k interest only loan?
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Use this calculator to determine the monthly payment of a $116,000 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 116k Loan
Rate Payment
0.25% $24.17
0.5% $48.33
0.75% $72.50
1% $96.67
1.25% $120.83
1.5% $145.00
1.75% $169.17
2% $193.33
2.25% $217.50
2.5% $241.67
2.75% $265.83
3% $290.00
3.25% $314.17
3.5% $338.33
3.75% $362.50
4% $386.67
4.25% $410.83
4.5% $435.00
4.75% $459.17
5% $483.33
Interest Only Payment Table For a 116k Loan
Rate Payment
5.25% $507.50
5.5% $531.67
5.75% $555.83
6% $580.00
6.25% $604.17
6.5% $628.33
6.75% $652.50
7% $676.67
7.25% $700.83
7.5% $725.00
7.75% $749.17
8% $773.33
8.25% $797.50
8.5% $821.67
8.75% $845.83
9% $870.00
9.25% $894.17
9.5% $918.33
9.75% $942.50
10% $966.67
More Amounts
$117,000$118,000$119,000$120,000$121,000$122,000$123,000$124,000$125,000$126,000