132k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 132,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
132,000 x Interest Rate (as a decimal) ÷ 12
An interest only loan just pays the interest so no principal is paid off. The loan typically has a specified term. When that term ends the loan must be repaid or refinanced.
View a table of monthly payments for a 132,000 interest only loan.
Rate Monthly Payment
0.50% $660
1.00% $1,320
1.50% $1,980
2.00% $2,640
2.50% $3,300
3.00% $3,960
3.50% $4,620
4.00% $5,280
4.50% $5,940
5.00% $6,600
Rate Monthly Payment
5.50% $7,260
6.00% $7,920
6.50% $8,580
7.00% $9,240
7.50% $9,900
8.00% $10,560
8.50% $11,220
9.00% $11,880
9.50% $12,540
10.00% $13,200
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