$243,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 243k interest only loan?
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Use this calculator to determine the monthly payment of a $243,000 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 243k Loan
Rate Payment
0.25% $50.63
0.5% $101.25
0.75% $151.88
1% $202.50
1.25% $253.13
1.5% $303.75
1.75% $354.38
2% $405.00
2.25% $455.63
2.5% $506.25
2.75% $556.88
3% $607.50
3.25% $658.13
3.5% $708.75
3.75% $759.38
4% $810.00
4.25% $860.63
4.5% $911.25
4.75% $961.88
5% $1,012.50
Interest Only Payment Table For a 243k Loan
Rate Payment
5.25% $1,063.13
5.5% $1,113.75
5.75% $1,164.38
6% $1,215.00
6.25% $1,265.63
6.5% $1,316.25
6.75% $1,366.88
7% $1,417.50
7.25% $1,468.13
7.5% $1,518.75
7.75% $1,569.38
8% $1,620.00
8.25% $1,670.63
8.5% $1,721.25
8.75% $1,771.88
9% $1,822.50
9.25% $1,873.13
9.5% $1,923.75
9.75% $1,974.38
10% $2,025.00