$124,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 124k interest only loan?
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Use this calculator to determine the monthly payment of a $124,000 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 124k Loan
Rate Payment
0.25% $25.83
0.5% $51.67
0.75% $77.50
1% $103.33
1.25% $129.17
1.5% $155.00
1.75% $180.83
2% $206.67
2.25% $232.50
2.5% $258.33
2.75% $284.17
3% $310.00
3.25% $335.83
3.5% $361.67
3.75% $387.50
4% $413.33
4.25% $439.17
4.5% $465.00
4.75% $490.83
5% $516.67
Interest Only Payment Table For a 124k Loan
Rate Payment
5.25% $542.50
5.5% $568.33
5.75% $594.17
6% $620.00
6.25% $645.83
6.5% $671.67
6.75% $697.50
7% $723.33
7.25% $749.17
7.5% $775.00
7.75% $800.83
8% $826.67
8.25% $852.50
8.5% $878.33
8.75% $904.17
9% $930.00
9.25% $955.83
9.5% $981.67
9.75% $1,007.50
10% $1,033.33