$8,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 8k interest only loan?
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Use this calculator to determine the monthly payment of a $8,000 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 8k Loan
Rate Payment
0.25% $1.67
0.5% $3.33
0.75% $5.00
1% $6.67
1.25% $8.33
1.5% $10.00
1.75% $11.67
2% $13.33
2.25% $15.00
2.5% $16.67
2.75% $18.33
3% $20.00
3.25% $21.67
3.5% $23.33
3.75% $25.00
4% $26.67
4.25% $28.33
4.5% $30.00
4.75% $31.67
5% $33.33
Interest Only Payment Table For a 8k Loan
Rate Payment
5.25% $35.00
5.5% $36.67
5.75% $38.33
6% $40.00
6.25% $41.67
6.5% $43.33
6.75% $45.00
7% $46.67
7.25% $48.33
7.5% $50.00
7.75% $51.67
8% $53.33
8.25% $55.00
8.5% $56.67
8.75% $58.33
9% $60.00
9.25% $61.67
9.5% $63.33
9.75% $65.00
10% $66.67