$88,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 88k interest only loan?
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Use this calculator to determine the monthly payment of a $88,000 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 88k Loan
Rate Payment
0.25% $18.33
0.5% $36.67
0.75% $55.00
1% $73.33
1.25% $91.67
1.5% $110.00
1.75% $128.33
2% $146.67
2.25% $165.00
2.5% $183.33
2.75% $201.67
3% $220.00
3.25% $238.33
3.5% $256.67
3.75% $275.00
4% $293.33
4.25% $311.67
4.5% $330.00
4.75% $348.33
5% $366.67
Interest Only Payment Table For a 88k Loan
Rate Payment
5.25% $385.00
5.5% $403.33
5.75% $421.67
6% $440.00
6.25% $458.33
6.5% $476.67
6.75% $495.00
7% $513.33
7.25% $531.67
7.5% $550.00
7.75% $568.33
8% $586.67
8.25% $605.00
8.5% $623.33
8.75% $641.67
9% $660.00
9.25% $678.33
9.5% $696.67
9.75% $715.00
10% $733.33
More Amounts
$89,000$90,000$91,000$92,000$93,000$94,000$95,000$96,000$97,000$98,000