$53,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 53k interest only loan?
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Use this calculator to determine the monthly payment of a $53,000 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 53k Loan
Rate Payment
0.25% $11.04
0.5% $22.08
0.75% $33.13
1% $44.17
1.25% $55.21
1.5% $66.25
1.75% $77.29
2% $88.33
2.25% $99.38
2.5% $110.42
2.75% $121.46
3% $132.50
3.25% $143.54
3.5% $154.58
3.75% $165.63
4% $176.67
4.25% $187.71
4.5% $198.75
4.75% $209.79
5% $220.83
Interest Only Payment Table For a 53k Loan
Rate Payment
5.25% $231.88
5.5% $242.92
5.75% $253.96
6% $265.00
6.25% $276.04
6.5% $287.08
6.75% $298.13
7% $309.17
7.25% $320.21
7.5% $331.25
7.75% $342.29
8% $353.33
8.25% $364.38
8.5% $375.42
8.75% $386.46
9% $397.50
9.25% $408.54
9.5% $419.58
9.75% $430.63
10% $441.67
More Amounts
$54,000$55,000$56,000$57,000$58,000$59,000$60,000$61,000$62,000$63,000