$241,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 241k interest only loan?
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Use this calculator to determine the monthly payment of a $241,000 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 241k Loan
Rate Payment
0.25% $50.21
0.5% $100.42
0.75% $150.63
1% $200.83
1.25% $251.04
1.5% $301.25
1.75% $351.46
2% $401.67
2.25% $451.88
2.5% $502.08
2.75% $552.29
3% $602.50
3.25% $652.71
3.5% $702.92
3.75% $753.13
4% $803.33
4.25% $853.54
4.5% $903.75
4.75% $953.96
5% $1,004.17
Interest Only Payment Table For a 241k Loan
Rate Payment
5.25% $1,054.38
5.5% $1,104.58
5.75% $1,154.79
6% $1,205.00
6.25% $1,255.21
6.5% $1,305.42
6.75% $1,355.63
7% $1,405.83
7.25% $1,456.04
7.5% $1,506.25
7.75% $1,556.46
8% $1,606.67
8.25% $1,656.88
8.5% $1,707.08
8.75% $1,757.29
9% $1,807.50
9.25% $1,857.71
9.5% $1,907.92
9.75% $1,958.13
10% $2,008.33