$302,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 302k interest only loan?
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Use this calculator to determine the monthly payment of a $302,000 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 302k Loan
Rate Payment
0.25% $62.92
0.5% $125.83
0.75% $188.75
1% $251.67
1.25% $314.58
1.5% $377.50
1.75% $440.42
2% $503.33
2.25% $566.25
2.5% $629.17
2.75% $692.08
3% $755.00
3.25% $817.92
3.5% $880.83
3.75% $943.75
4% $1,006.67
4.25% $1,069.58
4.5% $1,132.50
4.75% $1,195.42
5% $1,258.33
Interest Only Payment Table For a 302k Loan
Rate Payment
5.25% $1,321.25
5.5% $1,384.17
5.75% $1,447.08
6% $1,510.00
6.25% $1,572.92
6.5% $1,635.83
6.75% $1,698.75
7% $1,761.67
7.25% $1,824.58
7.5% $1,887.50
7.75% $1,950.42
8% $2,013.33
8.25% $2,076.25
8.5% $2,139.17
8.75% $2,202.08
9% $2,265.00
9.25% $2,327.92
9.5% $2,390.83
9.75% $2,453.75
10% $2,516.67