$61,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 61k interest only loan?
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Use this calculator to determine the monthly payment of a $61,000 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 61k Loan
Rate Payment
0.25% $12.71
0.5% $25.42
0.75% $38.13
1% $50.83
1.25% $63.54
1.5% $76.25
1.75% $88.96
2% $101.67
2.25% $114.38
2.5% $127.08
2.75% $139.79
3% $152.50
3.25% $165.21
3.5% $177.92
3.75% $190.63
4% $203.33
4.25% $216.04
4.5% $228.75
4.75% $241.46
5% $254.17
Interest Only Payment Table For a 61k Loan
Rate Payment
5.25% $266.88
5.5% $279.58
5.75% $292.29
6% $305.00
6.25% $317.71
6.5% $330.42
6.75% $343.13
7% $355.83
7.25% $368.54
7.5% $381.25
7.75% $393.96
8% $406.67
8.25% $419.38
8.5% $432.08
8.75% $444.79
9% $457.50
9.25% $470.21
9.5% $482.92
9.75% $495.63
10% $508.33