$120,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 120k interest only loan?
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Use this calculator to determine the monthly payment of a $120,000 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 120k Loan
Rate Payment
0.25% $25.00
0.5% $50.00
0.75% $75.00
1% $100.00
1.25% $125.00
1.5% $150.00
1.75% $175.00
2% $200.00
2.25% $225.00
2.5% $250.00
2.75% $275.00
3% $300.00
3.25% $325.00
3.5% $350.00
3.75% $375.00
4% $400.00
4.25% $425.00
4.5% $450.00
4.75% $475.00
5% $500.00
Interest Only Payment Table For a 120k Loan
Rate Payment
5.25% $525.00
5.5% $550.00
5.75% $575.00
6% $600.00
6.25% $625.00
6.5% $650.00
6.75% $675.00
7% $700.00
7.25% $725.00
7.5% $750.00
7.75% $775.00
8% $800.00
8.25% $825.00
8.5% $850.00
8.75% $875.00
9% $900.00
9.25% $925.00
9.5% $950.00
9.75% $975.00
10% $1,000.00
More Amounts
$121,000$122,000$123,000$124,000$125,000$126,000$127,000$128,000$129,000$130,000