$32,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 32k interest only loan?
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Use this calculator to determine the monthly payment of a $32,000 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 32k Loan
Rate Payment
0.25% $6.67
0.5% $13.33
0.75% $20.00
1% $26.67
1.25% $33.33
1.5% $40.00
1.75% $46.67
2% $53.33
2.25% $60.00
2.5% $66.67
2.75% $73.33
3% $80.00
3.25% $86.67
3.5% $93.33
3.75% $100.00
4% $106.67
4.25% $113.33
4.5% $120.00
4.75% $126.67
5% $133.33
Interest Only Payment Table For a 32k Loan
Rate Payment
5.25% $140.00
5.5% $146.67
5.75% $153.33
6% $160.00
6.25% $166.67
6.5% $173.33
6.75% $180.00
7% $186.67
7.25% $193.33
7.5% $200.00
7.75% $206.67
8% $213.33
8.25% $220.00
8.5% $226.67
8.75% $233.33
9% $240.00
9.25% $246.67
9.5% $253.33
9.75% $260.00
10% $266.67
More Amounts
$33,000$34,000$35,000$36,000$37,000$38,000$39,000$40,000$41,000$42,000