$87,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 87k interest only loan?
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Use this calculator to determine the monthly payment of a $87,000 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 87k Loan
Rate Payment
0.25% $18.13
0.5% $36.25
0.75% $54.38
1% $72.50
1.25% $90.63
1.5% $108.75
1.75% $126.88
2% $145.00
2.25% $163.13
2.5% $181.25
2.75% $199.38
3% $217.50
3.25% $235.63
3.5% $253.75
3.75% $271.88
4% $290.00
4.25% $308.13
4.5% $326.25
4.75% $344.38
5% $362.50
Interest Only Payment Table For a 87k Loan
Rate Payment
5.25% $380.63
5.5% $398.75
5.75% $416.88
6% $435.00
6.25% $453.13
6.5% $471.25
6.75% $489.38
7% $507.50
7.25% $525.63
7.5% $543.75
7.75% $561.88
8% $580.00
8.25% $598.13
8.5% $616.25
8.75% $634.38
9% $652.50
9.25% $670.63
9.5% $688.75
9.75% $706.88
10% $725.00
More Amounts
$88,000$89,000$90,000$91,000$92,000$93,000$94,000$95,000$96,000$97,000