$34,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 34k interest only loan?
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Use this calculator to determine the monthly payment of a $34,000 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 34k Loan
Rate Payment
0.25% $7.08
0.5% $14.17
0.75% $21.25
1% $28.33
1.25% $35.42
1.5% $42.50
1.75% $49.58
2% $56.67
2.25% $63.75
2.5% $70.83
2.75% $77.92
3% $85.00
3.25% $92.08
3.5% $99.17
3.75% $106.25
4% $113.33
4.25% $120.42
4.5% $127.50
4.75% $134.58
5% $141.67
Interest Only Payment Table For a 34k Loan
Rate Payment
5.25% $148.75
5.5% $155.83
5.75% $162.92
6% $170.00
6.25% $177.08
6.5% $184.17
6.75% $191.25
7% $198.33
7.25% $205.42
7.5% $212.50
7.75% $219.58
8% $226.67
8.25% $233.75
8.5% $240.83
8.75% $247.92
9% $255.00
9.25% $262.08
9.5% $269.17
9.75% $276.25
10% $283.33
More Amounts
$35,000$36,000$37,000$38,000$39,000$40,000$41,000$42,000$43,000$44,000