$290,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 290k interest only loan?
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Use this calculator to determine the monthly payment of a $290,000 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 290k Loan
Rate Payment
0.25% $60.42
0.5% $120.83
0.75% $181.25
1% $241.67
1.25% $302.08
1.5% $362.50
1.75% $422.92
2% $483.33
2.25% $543.75
2.5% $604.17
2.75% $664.58
3% $725.00
3.25% $785.42
3.5% $845.83
3.75% $906.25
4% $966.67
4.25% $1,027.08
4.5% $1,087.50
4.75% $1,147.92
5% $1,208.33
Interest Only Payment Table For a 290k Loan
Rate Payment
5.25% $1,268.75
5.5% $1,329.17
5.75% $1,389.58
6% $1,450.00
6.25% $1,510.42
6.5% $1,570.83
6.75% $1,631.25
7% $1,691.67
7.25% $1,752.08
7.5% $1,812.50
7.75% $1,872.92
8% $1,933.33
8.25% $1,993.75
8.5% $2,054.17
8.75% $2,114.58
9% $2,175.00
9.25% $2,235.42
9.5% $2,295.83
9.75% $2,356.25
10% $2,416.67