$55,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 55k interest only loan?
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Use this calculator to determine the monthly payment of a $55,000 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 55k Loan
Rate Payment
0.25% $11.46
0.5% $22.92
0.75% $34.38
1% $45.83
1.25% $57.29
1.5% $68.75
1.75% $80.21
2% $91.67
2.25% $103.13
2.5% $114.58
2.75% $126.04
3% $137.50
3.25% $148.96
3.5% $160.42
3.75% $171.88
4% $183.33
4.25% $194.79
4.5% $206.25
4.75% $217.71
5% $229.17
Interest Only Payment Table For a 55k Loan
Rate Payment
5.25% $240.63
5.5% $252.08
5.75% $263.54
6% $275.00
6.25% $286.46
6.5% $297.92
6.75% $309.38
7% $320.83
7.25% $332.29
7.5% $343.75
7.75% $355.21
8% $366.67
8.25% $378.13
8.5% $389.58
8.75% $401.04
9% $412.50
9.25% $423.96
9.5% $435.42
9.75% $446.88
10% $458.33
More Amounts
$56,000$57,000$58,000$59,000$60,000$61,000$62,000$63,000$64,000$65,000