$5,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 5k interest only loan?
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Use this calculator to determine the monthly payment of a $5,000 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 5k Loan
Rate Payment
0.25% $1.04
0.5% $2.08
0.75% $3.13
1% $4.17
1.25% $5.21
1.5% $6.25
1.75% $7.29
2% $8.33
2.25% $9.38
2.5% $10.42
2.75% $11.46
3% $12.50
3.25% $13.54
3.5% $14.58
3.75% $15.63
4% $16.67
4.25% $17.71
4.5% $18.75
4.75% $19.79
5% $20.83
Interest Only Payment Table For a 5k Loan
Rate Payment
5.25% $21.88
5.5% $22.92
5.75% $23.96
6% $25.00
6.25% $26.04
6.5% $27.08
6.75% $28.13
7% $29.17
7.25% $30.21
7.5% $31.25
7.75% $32.29
8% $33.33
8.25% $34.38
8.5% $35.42
8.75% $36.46
9% $37.50
9.25% $38.54
9.5% $39.58
9.75% $40.63
10% $41.67
More Amounts
$6,000$7,000$8,000$9,000$10,000$11,000$12,000$13,000$14,000$15,000