Interest-only monthly payment calculatorUse this calculator to compute the monthly payment amount for an interest-only fixed rate loan. Enter the principal amount (do not include a $ symbol or commas) and percent interest rate (without the % sign) in the fields below. Then click the compute button to calculate the monthly interest-only payment.
The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.