$30,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 30k interest only loan?
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Use this calculator to determine the monthly payment of a $30,000 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 30k Loan
Rate Payment
0.25% $6.25
0.5% $12.50
0.75% $18.75
1% $25.00
1.25% $31.25
1.5% $37.50
1.75% $43.75
2% $50.00
2.25% $56.25
2.5% $62.50
2.75% $68.75
3% $75.00
3.25% $81.25
3.5% $87.50
3.75% $93.75
4% $100.00
4.25% $106.25
4.5% $112.50
4.75% $118.75
5% $125.00
Interest Only Payment Table For a 30k Loan
Rate Payment
5.25% $131.25
5.5% $137.50
5.75% $143.75
6% $150.00
6.25% $156.25
6.5% $162.50
6.75% $168.75
7% $175.00
7.25% $181.25
7.5% $187.50
7.75% $193.75
8% $200.00
8.25% $206.25
8.5% $212.50
8.75% $218.75
9% $225.00
9.25% $231.25
9.5% $237.50
9.75% $243.75
10% $250.00