$228,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 228k interest only loan?
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Use this calculator to determine the monthly payment of a $228,000 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 228k Loan
Rate Payment
0.25% $47.50
0.5% $95.00
0.75% $142.50
1% $190.00
1.25% $237.50
1.5% $285.00
1.75% $332.50
2% $380.00
2.25% $427.50
2.5% $475.00
2.75% $522.50
3% $570.00
3.25% $617.50
3.5% $665.00
3.75% $712.50
4% $760.00
4.25% $807.50
4.5% $855.00
4.75% $902.50
5% $950.00
Interest Only Payment Table For a 228k Loan
Rate Payment
5.25% $997.50
5.5% $1,045.00
5.75% $1,092.50
6% $1,140.00
6.25% $1,187.50
6.5% $1,235.00
6.75% $1,282.50
7% $1,330.00
7.25% $1,377.50
7.5% $1,425.00
7.75% $1,472.50
8% $1,520.00
8.25% $1,567.50
8.5% $1,615.00
8.75% $1,662.50
9% $1,710.00
9.25% $1,757.50
9.5% $1,805.00
9.75% $1,852.50
10% $1,900.00
More Amounts
$229,000$230,000$231,000$232,000$233,000$234,000$235,000$236,000$237,000$238,000