$297,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 297k interest only loan?
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Use this calculator to determine the monthly payment of a $297,000 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 297k Loan
Rate Payment
0.25% $61.88
0.5% $123.75
0.75% $185.63
1% $247.50
1.25% $309.38
1.5% $371.25
1.75% $433.13
2% $495.00
2.25% $556.88
2.5% $618.75
2.75% $680.63
3% $742.50
3.25% $804.38
3.5% $866.25
3.75% $928.13
4% $990.00
4.25% $1,051.88
4.5% $1,113.75
4.75% $1,175.63
5% $1,237.50
Interest Only Payment Table For a 297k Loan
Rate Payment
5.25% $1,299.38
5.5% $1,361.25
5.75% $1,423.13
6% $1,485.00
6.25% $1,546.88
6.5% $1,608.75
6.75% $1,670.63
7% $1,732.50
7.25% $1,794.38
7.5% $1,856.25
7.75% $1,918.13
8% $1,980.00
8.25% $2,041.88
8.5% $2,103.75
8.75% $2,165.63
9% $2,227.50
9.25% $2,289.38
9.5% $2,351.25
9.75% $2,413.13
10% $2,475.00