$89,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 89k interest only loan?
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Use this calculator to determine the monthly payment of a $89,000 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 89k Loan
Rate Payment
0.25% $18.54
0.5% $37.08
0.75% $55.63
1% $74.17
1.25% $92.71
1.5% $111.25
1.75% $129.79
2% $148.33
2.25% $166.88
2.5% $185.42
2.75% $203.96
3% $222.50
3.25% $241.04
3.5% $259.58
3.75% $278.13
4% $296.67
4.25% $315.21
4.5% $333.75
4.75% $352.29
5% $370.83
Interest Only Payment Table For a 89k Loan
Rate Payment
5.25% $389.38
5.5% $407.92
5.75% $426.46
6% $445.00
6.25% $463.54
6.5% $482.08
6.75% $500.63
7% $519.17
7.25% $537.71
7.5% $556.25
7.75% $574.79
8% $593.33
8.25% $611.88
8.5% $630.42
8.75% $648.96
9% $667.50
9.25% $686.04
9.5% $704.58
9.75% $723.13
10% $741.67
More Amounts
$90,000$91,000$92,000$93,000$94,000$95,000$96,000$97,000$98,000$99,000