$47,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 47k interest only loan?
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Use this calculator to determine the monthly payment of a $47,000 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 47k Loan
Rate Payment
0.25% $9.79
0.5% $19.58
0.75% $29.38
1% $39.17
1.25% $48.96
1.5% $58.75
1.75% $68.54
2% $78.33
2.25% $88.13
2.5% $97.92
2.75% $107.71
3% $117.50
3.25% $127.29
3.5% $137.08
3.75% $146.88
4% $156.67
4.25% $166.46
4.5% $176.25
4.75% $186.04
5% $195.83
Interest Only Payment Table For a 47k Loan
Rate Payment
5.25% $205.63
5.5% $215.42
5.75% $225.21
6% $235.00
6.25% $244.79
6.5% $254.58
6.75% $264.38
7% $274.17
7.25% $283.96
7.5% $293.75
7.75% $303.54
8% $313.33
8.25% $323.13
8.5% $332.92
8.75% $342.71
9% $352.50
9.25% $362.29
9.5% $372.08
9.75% $381.88
10% $391.67
More Amounts
$48,000$49,000$50,000$51,000$52,000$53,000$54,000$55,000$56,000$57,000