$238,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 238k interest only loan?
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Use this calculator to determine the monthly payment of a $238,000 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 238k Loan
Rate Payment
0.25% $49.58
0.5% $99.17
0.75% $148.75
1% $198.33
1.25% $247.92
1.5% $297.50
1.75% $347.08
2% $396.67
2.25% $446.25
2.5% $495.83
2.75% $545.42
3% $595.00
3.25% $644.58
3.5% $694.17
3.75% $743.75
4% $793.33
4.25% $842.92
4.5% $892.50
4.75% $942.08
5% $991.67
Interest Only Payment Table For a 238k Loan
Rate Payment
5.25% $1,041.25
5.5% $1,090.83
5.75% $1,140.42
6% $1,190.00
6.25% $1,239.58
6.5% $1,289.17
6.75% $1,338.75
7% $1,388.33
7.25% $1,437.92
7.5% $1,487.50
7.75% $1,537.08
8% $1,586.67
8.25% $1,636.25
8.5% $1,685.83
8.75% $1,735.42
9% $1,785.00
9.25% $1,834.58
9.5% $1,884.17
9.75% $1,933.75
10% $1,983.33
More Amounts
$239,000$240,000$241,000$242,000$243,000$244,000$245,000$246,000$247,000$248,000