$97,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 97k interest only loan?
$
$
%
Use this calculator to determine the monthly payment of a $97,000 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 97k Loan
Rate Payment
0.25% $20.21
0.5% $40.42
0.75% $60.63
1% $80.83
1.25% $101.04
1.5% $121.25
1.75% $141.46
2% $161.67
2.25% $181.88
2.5% $202.08
2.75% $222.29
3% $242.50
3.25% $262.71
3.5% $282.92
3.75% $303.13
4% $323.33
4.25% $343.54
4.5% $363.75
4.75% $383.96
5% $404.17
Interest Only Payment Table For a 97k Loan
Rate Payment
5.25% $424.38
5.5% $444.58
5.75% $464.79
6% $485.00
6.25% $505.21
6.5% $525.42
6.75% $545.63
7% $565.83
7.25% $586.04
7.5% $606.25
7.75% $626.46
8% $646.67
8.25% $666.88
8.5% $687.08
8.75% $707.29
9% $727.50
9.25% $747.71
9.5% $767.92
9.75% $788.13
10% $808.33
More Amounts
$98,000$99,000$100,000$101,000$102,000$103,000$104,000$105,000$106,000$107,000