$220,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 220k interest only loan?
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Use this calculator to determine the monthly payment of a $220,000 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 220k Loan
Rate Payment
0.25% $45.83
0.5% $91.67
0.75% $137.50
1% $183.33
1.25% $229.17
1.5% $275.00
1.75% $320.83
2% $366.67
2.25% $412.50
2.5% $458.33
2.75% $504.17
3% $550.00
3.25% $595.83
3.5% $641.67
3.75% $687.50
4% $733.33
4.25% $779.17
4.5% $825.00
4.75% $870.83
5% $916.67
Interest Only Payment Table For a 220k Loan
Rate Payment
5.25% $962.50
5.5% $1,008.33
5.75% $1,054.17
6% $1,100.00
6.25% $1,145.83
6.5% $1,191.67
6.75% $1,237.50
7% $1,283.33
7.25% $1,329.17
7.5% $1,375.00
7.75% $1,420.83
8% $1,466.67
8.25% $1,512.50
8.5% $1,558.33
8.75% $1,604.17
9% $1,650.00
9.25% $1,695.83
9.5% $1,741.67
9.75% $1,787.50
10% $1,833.33