#####
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

$44,000 |

$45,000 |

$46,000 |

$47,000 |

$48,000 |

$49,000 |

$50,000 |

$51,000 |

$52,000 |

$53,000 |

$54,000 |

$55,000 |

$56,000 |

$57,000 |

$58,000 |

$59,000 |

$60,000 |

$61,000 |

$62,000 |

$63,000 |

$64,000 |

$65,000 |

$66,000 |

$67,000 |

$68,000 |

$69,000 |

$70,000 |

$71,000 |

$72,000 |

$73,000 |