$196,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 196k interest only loan?
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Use this calculator to determine the monthly payment of a $196,000 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 196k Loan
Rate Payment
0.25% $40.83
0.5% $81.67
0.75% $122.50
1% $163.33
1.25% $204.17
1.5% $245.00
1.75% $285.83
2% $326.67
2.25% $367.50
2.5% $408.33
2.75% $449.17
3% $490.00
3.25% $530.83
3.5% $571.67
3.75% $612.50
4% $653.33
4.25% $694.17
4.5% $735.00
4.75% $775.83
5% $816.67
Interest Only Payment Table For a 196k Loan
Rate Payment
5.25% $857.50
5.5% $898.33
5.75% $939.17
6% $980.00
6.25% $1,020.83
6.5% $1,061.67
6.75% $1,102.50
7% $1,143.33
7.25% $1,184.17
7.5% $1,225.00
7.75% $1,265.83
8% $1,306.67
8.25% $1,347.50
8.5% $1,388.33
8.75% $1,429.17
9% $1,470.00
9.25% $1,510.83
9.5% $1,551.67
9.75% $1,592.50
10% $1,633.33
More Amounts
$197,000$198,000$199,000$200,000$201,000$202,000$203,000$204,000$205,000$206,000