$285,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 285k interest only loan?
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Use this calculator to determine the monthly payment of a $285,000 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 285k Loan
Rate Payment
0.25% $59.38
0.5% $118.75
0.75% $178.13
1% $237.50
1.25% $296.88
1.5% $356.25
1.75% $415.63
2% $475.00
2.25% $534.38
2.5% $593.75
2.75% $653.13
3% $712.50
3.25% $771.88
3.5% $831.25
3.75% $890.63
4% $950.00
4.25% $1,009.38
4.5% $1,068.75
4.75% $1,128.13
5% $1,187.50
Interest Only Payment Table For a 285k Loan
Rate Payment
5.25% $1,246.88
5.5% $1,306.25
5.75% $1,365.63
6% $1,425.00
6.25% $1,484.38
6.5% $1,543.75
6.75% $1,603.13
7% $1,662.50
7.25% $1,721.88
7.5% $1,781.25
7.75% $1,840.63
8% $1,900.00
8.25% $1,959.38
8.5% $2,018.75
8.75% $2,078.13
9% $2,137.50
9.25% $2,196.88
9.5% $2,256.25
9.75% $2,315.63
10% $2,375.00