$98,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 98k interest only loan?
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Use this calculator to determine the monthly payment of a $98,000 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 98k Loan
Rate Payment
0.25% $20.42
0.5% $40.83
0.75% $61.25
1% $81.67
1.25% $102.08
1.5% $122.50
1.75% $142.92
2% $163.33
2.25% $183.75
2.5% $204.17
2.75% $224.58
3% $245.00
3.25% $265.42
3.5% $285.83
3.75% $306.25
4% $326.67
4.25% $347.08
4.5% $367.50
4.75% $387.92
5% $408.33
Interest Only Payment Table For a 98k Loan
Rate Payment
5.25% $428.75
5.5% $449.17
5.75% $469.58
6% $490.00
6.25% $510.42
6.5% $530.83
6.75% $551.25
7% $571.67
7.25% $592.08
7.5% $612.50
7.75% $632.92
8% $653.33
8.25% $673.75
8.5% $694.17
8.75% $714.58
9% $735.00
9.25% $755.42
9.5% $775.83
9.75% $796.25
10% $816.67
More Amounts
$99,000$100,000$101,000$102,000$103,000$104,000$105,000$106,000$107,000$108,000