$197,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 197k interest only loan?
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Use this calculator to determine the monthly payment of a $197,000 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 197k Loan
Rate Payment
0.25% $41.04
0.5% $82.08
0.75% $123.13
1% $164.17
1.25% $205.21
1.5% $246.25
1.75% $287.29
2% $328.33
2.25% $369.38
2.5% $410.42
2.75% $451.46
3% $492.50
3.25% $533.54
3.5% $574.58
3.75% $615.63
4% $656.67
4.25% $697.71
4.5% $738.75
4.75% $779.79
5% $820.83
Interest Only Payment Table For a 197k Loan
Rate Payment
5.25% $861.88
5.5% $902.92
5.75% $943.96
6% $985.00
6.25% $1,026.04
6.5% $1,067.08
6.75% $1,108.13
7% $1,149.17
7.25% $1,190.21
7.5% $1,231.25
7.75% $1,272.29
8% $1,313.33
8.25% $1,354.38
8.5% $1,395.42
8.75% $1,436.46
9% $1,477.50
9.25% $1,518.54
9.5% $1,559.58
9.75% $1,600.63
10% $1,641.67
More Amounts
$198,000$199,000$200,000$201,000$202,000$203,000$204,000$205,000$206,000$207,000