43k Interest Only Loan Calculator

$
%
Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 43,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
43,000 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 43,000 interest only loan.
Rate Monthly Payment
0.50% $215
1.00% $430
1.50% $645
2.00% $860
2.50% $1,075
3.00% $1,290
3.50% $1,505
4.00% $1,720
4.50% $1,935
5.00% $2,150
Rate Monthly Payment
5.50% $2,365
6.00% $2,580
6.50% $2,795
7.00% $3,010
7.50% $3,225
8.00% $3,440
8.50% $3,655
9.00% $3,870
9.50% $4,085
10.00% $4,300
More Loan Amounts