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What's the monthly payment on a 140,000 interest only loan?

Take the annual interest rate, divide by 12, and then multiply by the loan amount.

140,000 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.

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View a table of monthly payments for a 140,000 interest only loan.

Rate |
Monthly Payment |

0.50% |
$700 |

1.00% |
$1,400 |

1.50% |
$2,100 |

2.00% |
$2,800 |

2.50% |
$3,500 |

3.00% |
$4,200 |

3.50% |
$4,900 |

4.00% |
$5,600 |

4.50% |
$6,300 |

5.00% |
$7,000 |

Rate |
Monthly Payment |

5.50% |
$7,700 |

6.00% |
$8,400 |

6.50% |
$9,100 |

7.00% |
$9,800 |

7.50% |
$10,500 |

8.00% |
$11,200 |

8.50% |
$11,900 |

9.00% |
$12,600 |

9.50% |
$13,300 |

10.00% |
$14,000 |

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More Loan Amounts

$141,000 |

$142,000 |

$143,000 |

$144,000 |

$145,000 |

$146,000 |

$147,000 |

$148,000 |

$149,000 |

$150,000 |

$151,000 |

$152,000 |

$153,000 |

$154,000 |

$155,000 |

$156,000 |

$157,000 |

$158,000 |

$159,000 |

$160,000 |

$161,000 |

$162,000 |

$163,000 |

$164,000 |

$165,000 |

$166,000 |

$167,000 |

$168,000 |

$169,000 |

$170,000 |