$48,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 48k interest only loan?
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Use this calculator to determine the monthly payment of a $48,000 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 48k Loan
Rate Payment
0.25% $10.00
0.5% $20.00
0.75% $30.00
1% $40.00
1.25% $50.00
1.5% $60.00
1.75% $70.00
2% $80.00
2.25% $90.00
2.5% $100.00
2.75% $110.00
3% $120.00
3.25% $130.00
3.5% $140.00
3.75% $150.00
4% $160.00
4.25% $170.00
4.5% $180.00
4.75% $190.00
5% $200.00
Interest Only Payment Table For a 48k Loan
Rate Payment
5.25% $210.00
5.5% $220.00
5.75% $230.00
6% $240.00
6.25% $250.00
6.5% $260.00
6.75% $270.00
7% $280.00
7.25% $290.00
7.5% $300.00
7.75% $310.00
8% $320.00
8.25% $330.00
8.5% $340.00
8.75% $350.00
9% $360.00
9.25% $370.00
9.5% $380.00
9.75% $390.00
10% $400.00