$21,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 21k interest only loan?
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Use this calculator to determine the monthly payment of a $21,000 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 21k Loan
Rate Payment
0.25% $4.38
0.5% $8.75
0.75% $13.13
1% $17.50
1.25% $21.88
1.5% $26.25
1.75% $30.63
2% $35.00
2.25% $39.38
2.5% $43.75
2.75% $48.13
3% $52.50
3.25% $56.88
3.5% $61.25
3.75% $65.63
4% $70.00
4.25% $74.38
4.5% $78.75
4.75% $83.13
5% $87.50
Interest Only Payment Table For a 21k Loan
Rate Payment
5.25% $91.88
5.5% $96.25
5.75% $100.63
6% $105.00
6.25% $109.38
6.5% $113.75
6.75% $118.13
7% $122.50
7.25% $126.88
7.5% $131.25
7.75% $135.63
8% $140.00
8.25% $144.38
8.5% $148.75
8.75% $153.13
9% $157.50
9.25% $161.88
9.5% $166.25
9.75% $170.63
10% $175.00