$254,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 254k interest only loan?
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Use this calculator to determine the monthly payment of a $254,000 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 254k Loan
Rate Payment
0.25% $52.92
0.5% $105.83
0.75% $158.75
1% $211.67
1.25% $264.58
1.5% $317.50
1.75% $370.42
2% $423.33
2.25% $476.25
2.5% $529.17
2.75% $582.08
3% $635.00
3.25% $687.92
3.5% $740.83
3.75% $793.75
4% $846.67
4.25% $899.58
4.5% $952.50
4.75% $1,005.42
5% $1,058.33
Interest Only Payment Table For a 254k Loan
Rate Payment
5.25% $1,111.25
5.5% $1,164.17
5.75% $1,217.08
6% $1,270.00
6.25% $1,322.92
6.5% $1,375.83
6.75% $1,428.75
7% $1,481.67
7.25% $1,534.58
7.5% $1,587.50
7.75% $1,640.42
8% $1,693.33
8.25% $1,746.25
8.5% $1,799.17
8.75% $1,852.08
9% $1,905.00
9.25% $1,957.92
9.5% $2,010.83
9.75% $2,063.75
10% $2,116.67