$224,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 224k interest only loan?
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Use this calculator to determine the monthly payment of a $224,000 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 224k Loan
Rate Payment
0.25% $46.67
0.5% $93.33
0.75% $140.00
1% $186.67
1.25% $233.33
1.5% $280.00
1.75% $326.67
2% $373.33
2.25% $420.00
2.5% $466.67
2.75% $513.33
3% $560.00
3.25% $606.67
3.5% $653.33
3.75% $700.00
4% $746.67
4.25% $793.33
4.5% $840.00
4.75% $886.67
5% $933.33
Interest Only Payment Table For a 224k Loan
Rate Payment
5.25% $980.00
5.5% $1,026.67
5.75% $1,073.33
6% $1,120.00
6.25% $1,166.67
6.5% $1,213.33
6.75% $1,260.00
7% $1,306.67
7.25% $1,353.33
7.5% $1,400.00
7.75% $1,446.67
8% $1,493.33
8.25% $1,540.00
8.5% $1,586.67
8.75% $1,633.33
9% $1,680.00
9.25% $1,726.67
9.5% $1,773.33
9.75% $1,820.00
10% $1,866.67
More Amounts
$225,000$226,000$227,000$228,000$229,000$230,000$231,000$232,000$233,000$234,000