$244,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 244k interest only loan?
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Use this calculator to determine the monthly payment of a $244,000 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 244k Loan
Rate Payment
0.25% $50.83
0.5% $101.67
0.75% $152.50
1% $203.33
1.25% $254.17
1.5% $305.00
1.75% $355.83
2% $406.67
2.25% $457.50
2.5% $508.33
2.75% $559.17
3% $610.00
3.25% $660.83
3.5% $711.67
3.75% $762.50
4% $813.33
4.25% $864.17
4.5% $915.00
4.75% $965.83
5% $1,016.67
Interest Only Payment Table For a 244k Loan
Rate Payment
5.25% $1,067.50
5.5% $1,118.33
5.75% $1,169.17
6% $1,220.00
6.25% $1,270.83
6.5% $1,321.67
6.75% $1,372.50
7% $1,423.33
7.25% $1,474.17
7.5% $1,525.00
7.75% $1,575.83
8% $1,626.67
8.25% $1,677.50
8.5% $1,728.33
8.75% $1,779.17
9% $1,830.00
9.25% $1,880.83
9.5% $1,931.67
9.75% $1,982.50
10% $2,033.33
More Amounts
$245,000$246,000$247,000$248,000$249,000$250,000$251,000$252,000$253,000$254,000