$284,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 284k interest only loan?
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Use this calculator to determine the monthly payment of a $284,000 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 284k Loan
Rate Payment
0.25% $59.17
0.5% $118.33
0.75% $177.50
1% $236.67
1.25% $295.83
1.5% $355.00
1.75% $414.17
2% $473.33
2.25% $532.50
2.5% $591.67
2.75% $650.83
3% $710.00
3.25% $769.17
3.5% $828.33
3.75% $887.50
4% $946.67
4.25% $1,005.83
4.5% $1,065.00
4.75% $1,124.17
5% $1,183.33
Interest Only Payment Table For a 284k Loan
Rate Payment
5.25% $1,242.50
5.5% $1,301.67
5.75% $1,360.83
6% $1,420.00
6.25% $1,479.17
6.5% $1,538.33
6.75% $1,597.50
7% $1,656.67
7.25% $1,715.83
7.5% $1,775.00
7.75% $1,834.17
8% $1,893.33
8.25% $1,952.50
8.5% $2,011.67
8.75% $2,070.83
9% $2,130.00
9.25% $2,189.17
9.5% $2,248.33
9.75% $2,307.50
10% $2,366.67