$253,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 253k interest only loan?
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Use this calculator to determine the monthly payment of a $253,000 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 253k Loan
Rate Payment
0.25% $52.71
0.5% $105.42
0.75% $158.13
1% $210.83
1.25% $263.54
1.5% $316.25
1.75% $368.96
2% $421.67
2.25% $474.38
2.5% $527.08
2.75% $579.79
3% $632.50
3.25% $685.21
3.5% $737.92
3.75% $790.63
4% $843.33
4.25% $896.04
4.5% $948.75
4.75% $1,001.46
5% $1,054.17
Interest Only Payment Table For a 253k Loan
Rate Payment
5.25% $1,106.88
5.5% $1,159.58
5.75% $1,212.29
6% $1,265.00
6.25% $1,317.71
6.5% $1,370.42
6.75% $1,423.13
7% $1,475.83
7.25% $1,528.54
7.5% $1,581.25
7.75% $1,633.96
8% $1,686.67
8.25% $1,739.38
8.5% $1,792.08
8.75% $1,844.79
9% $1,897.50
9.25% $1,950.21
9.5% $2,002.92
9.75% $2,055.63
10% $2,108.33
More Amounts
$254,000$255,000$256,000$257,000$258,000$259,000$260,000$261,000$262,000$263,000