$218,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 218k interest only loan?
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Use this calculator to determine the monthly payment of a $218,000 interest only loan payment. In this type of loan no principal is paid off so the balance must be paid off at a future point, usually through a balloon payment or refinance.
Interest Only Payment Table For a 218k Loan
Rate Payment
0.25% $45.42
0.5% $90.83
0.75% $136.25
1% $181.67
1.25% $227.08
1.5% $272.50
1.75% $317.92
2% $363.33
2.25% $408.75
2.5% $454.17
2.75% $499.58
3% $545.00
3.25% $590.42
3.5% $635.83
3.75% $681.25
4% $726.67
4.25% $772.08
4.5% $817.50
4.75% $862.92
5% $908.33
Interest Only Payment Table For a 218k Loan
Rate Payment
5.25% $953.75
5.5% $999.17
5.75% $1,044.58
6% $1,090.00
6.25% $1,135.42
6.5% $1,180.83
6.75% $1,226.25
7% $1,271.67
7.25% $1,317.08
7.5% $1,362.50
7.75% $1,407.92
8% $1,453.33
8.25% $1,498.75
8.5% $1,544.17
8.75% $1,589.58
9% $1,635.00
9.25% $1,680.42
9.5% $1,725.83
9.75% $1,771.25
10% $1,816.67