$60,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 60k interest only loan?
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Use this calculator to determine the monthly payment of a $60,000 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 60k Loan
Rate Payment
0.25% $12.50
0.5% $25.00
0.75% $37.50
1% $50.00
1.25% $62.50
1.5% $75.00
1.75% $87.50
2% $100.00
2.25% $112.50
2.5% $125.00
2.75% $137.50
3% $150.00
3.25% $162.50
3.5% $175.00
3.75% $187.50
4% $200.00
4.25% $212.50
4.5% $225.00
4.75% $237.50
5% $250.00
Interest Only Payment Table For a 60k Loan
Rate Payment
5.25% $262.50
5.5% $275.00
5.75% $287.50
6% $300.00
6.25% $312.50
6.5% $325.00
6.75% $337.50
7% $350.00
7.25% $362.50
7.5% $375.00
7.75% $387.50
8% $400.00
8.25% $412.50
8.5% $425.00
8.75% $437.50
9% $450.00
9.25% $462.50
9.5% $475.00
9.75% $487.50
10% $500.00
More Amounts
$61,000$62,000$63,000$64,000$65,000$66,000$67,000$68,000$69,000$70,000