$188,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 188k interest only loan?
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Use this calculator to determine the monthly payment of a $188,000 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 188k Loan
Rate Payment
0.25% $39.17
0.5% $78.33
0.75% $117.50
1% $156.67
1.25% $195.83
1.5% $235.00
1.75% $274.17
2% $313.33
2.25% $352.50
2.5% $391.67
2.75% $430.83
3% $470.00
3.25% $509.17
3.5% $548.33
3.75% $587.50
4% $626.67
4.25% $665.83
4.5% $705.00
4.75% $744.17
5% $783.33
Interest Only Payment Table For a 188k Loan
Rate Payment
5.25% $822.50
5.5% $861.67
5.75% $900.83
6% $940.00
6.25% $979.17
6.5% $1,018.33
6.75% $1,057.50
7% $1,096.67
7.25% $1,135.83
7.5% $1,175.00
7.75% $1,214.17
8% $1,253.33
8.25% $1,292.50
8.5% $1,331.67
8.75% $1,370.83
9% $1,410.00
9.25% $1,449.17
9.5% $1,488.33
9.75% $1,527.50
10% $1,566.67
More Amounts
$189,000$190,000$191,000$192,000$193,000$194,000$195,000$196,000$197,000$198,000