$289,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 289k interest only loan?
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Use this calculator to determine the monthly payment of a $289,000 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 289k Loan
Rate Payment
0.25% $60.21
0.5% $120.42
0.75% $180.63
1% $240.83
1.25% $301.04
1.5% $361.25
1.75% $421.46
2% $481.67
2.25% $541.88
2.5% $602.08
2.75% $662.29
3% $722.50
3.25% $782.71
3.5% $842.92
3.75% $903.13
4% $963.33
4.25% $1,023.54
4.5% $1,083.75
4.75% $1,143.96
5% $1,204.17
Interest Only Payment Table For a 289k Loan
Rate Payment
5.25% $1,264.38
5.5% $1,324.58
5.75% $1,384.79
6% $1,445.00
6.25% $1,505.21
6.5% $1,565.42
6.75% $1,625.63
7% $1,685.83
7.25% $1,746.04
7.5% $1,806.25
7.75% $1,866.46
8% $1,926.67
8.25% $1,986.88
8.5% $2,047.08
8.75% $2,107.29
9% $2,167.50
9.25% $2,227.71
9.5% $2,287.92
9.75% $2,348.13
10% $2,408.33