$294,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 294k interest only loan?
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Use this calculator to determine the monthly payment of a $294,000 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 294k Loan
Rate Payment
0.25% $61.25
0.5% $122.50
0.75% $183.75
1% $245.00
1.25% $306.25
1.5% $367.50
1.75% $428.75
2% $490.00
2.25% $551.25
2.5% $612.50
2.75% $673.75
3% $735.00
3.25% $796.25
3.5% $857.50
3.75% $918.75
4% $980.00
4.25% $1,041.25
4.5% $1,102.50
4.75% $1,163.75
5% $1,225.00
Interest Only Payment Table For a 294k Loan
Rate Payment
5.25% $1,286.25
5.5% $1,347.50
5.75% $1,408.75
6% $1,470.00
6.25% $1,531.25
6.5% $1,592.50
6.75% $1,653.75
7% $1,715.00
7.25% $1,776.25
7.5% $1,837.50
7.75% $1,898.75
8% $1,960.00
8.25% $2,021.25
8.5% $2,082.50
8.75% $2,143.75
9% $2,205.00
9.25% $2,266.25
9.5% $2,327.50
9.75% $2,388.75
10% $2,450.00
More Amounts
$295,000$296,000$297,000$298,000$299,000$300,000$301,000$302,000$303,000$304,000