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What's the monthly payment on a 95,000 interest only loan?

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

95,000 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 95,000 interest only loan.

Rate |
Monthly Payment |

0.50% |
$475 |

1.00% |
$950 |

1.50% |
$1,425 |

2.00% |
$1,900 |

2.50% |
$2,375 |

3.00% |
$2,850 |

3.50% |
$3,325 |

4.00% |
$3,800 |

4.50% |
$4,275 |

5.00% |
$4,750 |

Rate |
Monthly Payment |

5.50% |
$5,225 |

6.00% |
$5,700 |

6.50% |
$6,175 |

7.00% |
$6,650 |

7.50% |
$7,125 |

8.00% |
$7,600 |

8.50% |
$8,075 |

9.00% |
$8,550 |

9.50% |
$9,025 |

10.00% |
$9,500 |

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More Loan Amounts

$96,000 |

$97,000 |

$98,000 |

$99,000 |

$100,000 |

$101,000 |

$102,000 |

$103,000 |

$104,000 |

$105,000 |

$106,000 |

$107,000 |

$108,000 |

$109,000 |

$110,000 |

$111,000 |

$112,000 |

$113,000 |

$114,000 |

$115,000 |

$116,000 |

$117,000 |

$118,000 |

$119,000 |

$120,000 |

$121,000 |

$122,000 |

$123,000 |

$124,000 |

$125,000 |