$240,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 240k interest only loan?
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Use this calculator to determine the monthly payment of a $240,000 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 240k Loan
Rate Payment
0.25% $50.00
0.5% $100.00
0.75% $150.00
1% $200.00
1.25% $250.00
1.5% $300.00
1.75% $350.00
2% $400.00
2.25% $450.00
2.5% $500.00
2.75% $550.00
3% $600.00
3.25% $650.00
3.5% $700.00
3.75% $750.00
4% $800.00
4.25% $850.00
4.5% $900.00
4.75% $950.00
5% $1,000.00
Interest Only Payment Table For a 240k Loan
Rate Payment
5.25% $1,050.00
5.5% $1,100.00
5.75% $1,150.00
6% $1,200.00
6.25% $1,250.00
6.5% $1,300.00
6.75% $1,350.00
7% $1,400.00
7.25% $1,450.00
7.5% $1,500.00
7.75% $1,550.00
8% $1,600.00
8.25% $1,650.00
8.5% $1,700.00
8.75% $1,750.00
9% $1,800.00
9.25% $1,850.00
9.5% $1,900.00
9.75% $1,950.00
10% $2,000.00
More Amounts
$241,000$242,000$243,000$244,000$245,000$246,000$247,000$248,000$249,000$250,000