$59,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 59k interest only loan?
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Use this calculator to determine the monthly payment of a $59,000 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 59k Loan
Rate Payment
0.25% $12.29
0.5% $24.58
0.75% $36.88
1% $49.17
1.25% $61.46
1.5% $73.75
1.75% $86.04
2% $98.33
2.25% $110.63
2.5% $122.92
2.75% $135.21
3% $147.50
3.25% $159.79
3.5% $172.08
3.75% $184.38
4% $196.67
4.25% $208.96
4.5% $221.25
4.75% $233.54
5% $245.83
Interest Only Payment Table For a 59k Loan
Rate Payment
5.25% $258.13
5.5% $270.42
5.75% $282.71
6% $295.00
6.25% $307.29
6.5% $319.58
6.75% $331.88
7% $344.17
7.25% $356.46
7.5% $368.75
7.75% $381.04
8% $393.33
8.25% $405.63
8.5% $417.92
8.75% $430.21
9% $442.50
9.25% $454.79
9.5% $467.08
9.75% $479.38
10% $491.67
More Amounts
$60,000$61,000$62,000$63,000$64,000$65,000$66,000$67,000$68,000$69,000