$42,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 42k interest only loan?
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Use this calculator to determine the monthly payment of a $42,000 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 42k Loan
Rate Payment
0.25% $8.75
0.5% $17.50
0.75% $26.25
1% $35.00
1.25% $43.75
1.5% $52.50
1.75% $61.25
2% $70.00
2.25% $78.75
2.5% $87.50
2.75% $96.25
3% $105.00
3.25% $113.75
3.5% $122.50
3.75% $131.25
4% $140.00
4.25% $148.75
4.5% $157.50
4.75% $166.25
5% $175.00
Interest Only Payment Table For a 42k Loan
Rate Payment
5.25% $183.75
5.5% $192.50
5.75% $201.25
6% $210.00
6.25% $218.75
6.5% $227.50
6.75% $236.25
7% $245.00
7.25% $253.75
7.5% $262.50
7.75% $271.25
8% $280.00
8.25% $288.75
8.5% $297.50
8.75% $306.25
9% $315.00
9.25% $323.75
9.5% $332.50
9.75% $341.25
10% $350.00
More Amounts
$43,000$44,000$45,000$46,000$47,000$48,000$49,000$50,000$51,000$52,000