$295,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 295k interest only loan?
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Use this calculator to determine the monthly payment of a $295,000 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 295k Loan
Rate Payment
0.25% $61.46
0.5% $122.92
0.75% $184.38
1% $245.83
1.25% $307.29
1.5% $368.75
1.75% $430.21
2% $491.67
2.25% $553.13
2.5% $614.58
2.75% $676.04
3% $737.50
3.25% $798.96
3.5% $860.42
3.75% $921.88
4% $983.33
4.25% $1,044.79
4.5% $1,106.25
4.75% $1,167.71
5% $1,229.17
Interest Only Payment Table For a 295k Loan
Rate Payment
5.25% $1,290.63
5.5% $1,352.08
5.75% $1,413.54
6% $1,475.00
6.25% $1,536.46
6.5% $1,597.92
6.75% $1,659.38
7% $1,720.83
7.25% $1,782.29
7.5% $1,843.75
7.75% $1,905.21
8% $1,966.67
8.25% $2,028.13
8.5% $2,089.58
8.75% $2,151.04
9% $2,212.50
9.25% $2,273.96
9.5% $2,335.42
9.75% $2,396.88
10% $2,458.33
More Amounts
$296,000$297,000$298,000$299,000$300,000$301,000$302,000$303,000$304,000$305,000