$280,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 280k interest only loan?
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Use this calculator to determine the monthly payment of a $280,000 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 280k Loan
Rate Payment
0.25% $58.33
0.5% $116.67
0.75% $175.00
1% $233.33
1.25% $291.67
1.5% $350.00
1.75% $408.33
2% $466.67
2.25% $525.00
2.5% $583.33
2.75% $641.67
3% $700.00
3.25% $758.33
3.5% $816.67
3.75% $875.00
4% $933.33
4.25% $991.67
4.5% $1,050.00
4.75% $1,108.33
5% $1,166.67
Interest Only Payment Table For a 280k Loan
Rate Payment
5.25% $1,225.00
5.5% $1,283.33
5.75% $1,341.67
6% $1,400.00
6.25% $1,458.33
6.5% $1,516.67
6.75% $1,575.00
7% $1,633.33
7.25% $1,691.67
7.5% $1,750.00
7.75% $1,808.33
8% $1,866.67
8.25% $1,925.00
8.5% $1,983.33
8.75% $2,041.67
9% $2,100.00
9.25% $2,158.33
9.5% $2,216.67
9.75% $2,275.00
10% $2,333.33