$40,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 40k interest only loan?
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Use this calculator to determine the monthly payment of a $40,000 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 40k Loan
Rate Payment
0.25% $8.33
0.5% $16.67
0.75% $25.00
1% $33.33
1.25% $41.67
1.5% $50.00
1.75% $58.33
2% $66.67
2.25% $75.00
2.5% $83.33
2.75% $91.67
3% $100.00
3.25% $108.33
3.5% $116.67
3.75% $125.00
4% $133.33
4.25% $141.67
4.5% $150.00
4.75% $158.33
5% $166.67
Interest Only Payment Table For a 40k Loan
Rate Payment
5.25% $175.00
5.5% $183.33
5.75% $191.67
6% $200.00
6.25% $208.33
6.5% $216.67
6.75% $225.00
7% $233.33
7.25% $241.67
7.5% $250.00
7.75% $258.33
8% $266.67
8.25% $275.00
8.5% $283.33
8.75% $291.67
9% $300.00
9.25% $308.33
9.5% $316.67
9.75% $325.00
10% $333.33
More Amounts
$41,000$42,000$43,000$44,000$45,000$46,000$47,000$48,000$49,000$50,000