$283,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 283k interest only loan?
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Use this calculator to determine the monthly payment of a $283,000 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 283k Loan
Rate Payment
0.25% $58.96
0.5% $117.92
0.75% $176.88
1% $235.83
1.25% $294.79
1.5% $353.75
1.75% $412.71
2% $471.67
2.25% $530.63
2.5% $589.58
2.75% $648.54
3% $707.50
3.25% $766.46
3.5% $825.42
3.75% $884.38
4% $943.33
4.25% $1,002.29
4.5% $1,061.25
4.75% $1,120.21
5% $1,179.17
Interest Only Payment Table For a 283k Loan
Rate Payment
5.25% $1,238.13
5.5% $1,297.08
5.75% $1,356.04
6% $1,415.00
6.25% $1,473.96
6.5% $1,532.92
6.75% $1,591.88
7% $1,650.83
7.25% $1,709.79
7.5% $1,768.75
7.75% $1,827.71
8% $1,886.67
8.25% $1,945.63
8.5% $2,004.58
8.75% $2,063.54
9% $2,122.50
9.25% $2,181.46
9.5% $2,240.42
9.75% $2,299.38
10% $2,358.33