$198,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 198k interest only loan?
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Use this calculator to determine the monthly payment of a $198,000 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 198k Loan
Rate Payment
0.25% $41.25
0.5% $82.50
0.75% $123.75
1% $165.00
1.25% $206.25
1.5% $247.50
1.75% $288.75
2% $330.00
2.25% $371.25
2.5% $412.50
2.75% $453.75
3% $495.00
3.25% $536.25
3.5% $577.50
3.75% $618.75
4% $660.00
4.25% $701.25
4.5% $742.50
4.75% $783.75
5% $825.00
Interest Only Payment Table For a 198k Loan
Rate Payment
5.25% $866.25
5.5% $907.50
5.75% $948.75
6% $990.00
6.25% $1,031.25
6.5% $1,072.50
6.75% $1,113.75
7% $1,155.00
7.25% $1,196.25
7.5% $1,237.50
7.75% $1,278.75
8% $1,320.00
8.25% $1,361.25
8.5% $1,402.50
8.75% $1,443.75
9% $1,485.00
9.25% $1,526.25
9.5% $1,567.50
9.75% $1,608.75
10% $1,650.00
More Amounts
$199,000$200,000$201,000$202,000$203,000$204,000$205,000$206,000$207,000$208,000