What's the monthly payment on a 225,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
| 225,000 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 225,000 interest only loan.
| Rate |
Monthly Payment |
| 0.50% |
$1,125 |
| 1.00% |
$2,250 |
| 1.50% |
$3,375 |
| 2.00% |
$4,500 |
| 2.50% |
$5,625 |
| 3.00% |
$6,750 |
| 3.50% |
$7,875 |
| 4.00% |
$9,000 |
| 4.50% |
$10,125 |
| 5.00% |
$11,250 |
| Rate |
Monthly Payment |
| 5.50% |
$12,375 |
| 6.00% |
$13,500 |
| 6.50% |
$14,625 |
| 7.00% |
$15,750 |
| 7.50% |
$16,875 |
| 8.00% |
$18,000 |
| 8.50% |
$19,125 |
| 9.00% |
$20,250 |
| 9.50% |
$21,375 |
| 10.00% |
$22,500 |
More Loan Amounts
| $226,000 |
| $227,000 |
| $228,000 |
| $229,000 |
| $230,000 |
| $231,000 |
| $232,000 |
| $233,000 |
| $234,000 |
| $235,000 |
| $236,000 |
| $237,000 |
| $238,000 |
| $239,000 |
| $240,000 |
| $241,000 |
| $242,000 |
| $243,000 |
| $244,000 |
| $245,000 |
| $246,000 |
| $247,000 |
| $248,000 |
| $249,000 |
| $250,000 |
| $251,000 |
| $252,000 |
| $253,000 |
| $254,000 |
| $255,000 |