$249,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 249k interest only loan?
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Use this calculator to determine the monthly payment of a $249,000 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 249k Loan
Rate Payment
0.25% $51.88
0.5% $103.75
0.75% $155.63
1% $207.50
1.25% $259.38
1.5% $311.25
1.75% $363.13
2% $415.00
2.25% $466.88
2.5% $518.75
2.75% $570.63
3% $622.50
3.25% $674.38
3.5% $726.25
3.75% $778.13
4% $830.00
4.25% $881.88
4.5% $933.75
4.75% $985.63
5% $1,037.50
Interest Only Payment Table For a 249k Loan
Rate Payment
5.25% $1,089.38
5.5% $1,141.25
5.75% $1,193.13
6% $1,245.00
6.25% $1,296.88
6.5% $1,348.75
6.75% $1,400.63
7% $1,452.50
7.25% $1,504.38
7.5% $1,556.25
7.75% $1,608.13
8% $1,660.00
8.25% $1,711.88
8.5% $1,763.75
8.75% $1,815.63
9% $1,867.50
9.25% $1,919.38
9.5% $1,971.25
9.75% $2,023.13
10% $2,075.00