$278,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 278k interest only loan?
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Use this calculator to determine the monthly payment of a $278,000 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 278k Loan
Rate Payment
0.25% $57.92
0.5% $115.83
0.75% $173.75
1% $231.67
1.25% $289.58
1.5% $347.50
1.75% $405.42
2% $463.33
2.25% $521.25
2.5% $579.17
2.75% $637.08
3% $695.00
3.25% $752.92
3.5% $810.83
3.75% $868.75
4% $926.67
4.25% $984.58
4.5% $1,042.50
4.75% $1,100.42
5% $1,158.33
Interest Only Payment Table For a 278k Loan
Rate Payment
5.25% $1,216.25
5.5% $1,274.17
5.75% $1,332.08
6% $1,390.00
6.25% $1,447.92
6.5% $1,505.83
6.75% $1,563.75
7% $1,621.67
7.25% $1,679.58
7.5% $1,737.50
7.75% $1,795.42
8% $1,853.33
8.25% $1,911.25
8.5% $1,969.17
8.75% $2,027.08
9% $2,085.00
9.25% $2,142.92
9.5% $2,200.83
9.75% $2,258.75
10% $2,316.67