Interest Only Mortgage Calculator

This interest-only mortgage calculator will help you find out what payment you will pay based on the interest-only payback portion for your loan principal. This result will likely be lower than a standard mortgage payment as it calculates your obligation for the interest-only portion of the mortgage, rather than the principal and interest. To use the calculator simply enter the loan principal amount and loan interest rate and the interest-only mortgage calculator will calculate the payment amounts for you.

Enter your information into the calculator below, and push Calculate.

Loan principal amount

$

Interest rate (in percent; i.e. 4.5)

%

Interest payment amount per month

$

Interest payment amount per fortnight

$

Interest payment amount per week

$

If you've found a bug, or would like to contact us please click here.

Calculate.co.nz is partnered with Interest.co.nz for New Zealand's highest quality calculators and financial analysis.

Copyright © 2019 calculate.co.nz All Rights Reserved. No part of this website, source code, or any of the tools shall be copied, taken or used without the permission of the owner. All calculators and tools on this website are made for educational and indicative use only. Calculate.co.nz is part of the realtor.co.nz, GST Calculator, PAYE Calculator,and Salary.co.nz group.