$304,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 304k interest only loan?
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Use this calculator to determine the monthly payment of a $304,000 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 304k Loan
Rate Payment
0.25% $63.33
0.5% $126.67
0.75% $190.00
1% $253.33
1.25% $316.67
1.5% $380.00
1.75% $443.33
2% $506.67
2.25% $570.00
2.5% $633.33
2.75% $696.67
3% $760.00
3.25% $823.33
3.5% $886.67
3.75% $950.00
4% $1,013.33
4.25% $1,076.67
4.5% $1,140.00
4.75% $1,203.33
5% $1,266.67
Interest Only Payment Table For a 304k Loan
Rate Payment
5.25% $1,330.00
5.5% $1,393.33
5.75% $1,456.67
6% $1,520.00
6.25% $1,583.33
6.5% $1,646.67
6.75% $1,710.00
7% $1,773.33
7.25% $1,836.67
7.5% $1,900.00
7.75% $1,963.33
8% $2,026.67
8.25% $2,090.00
8.5% $2,153.33
8.75% $2,216.67
9% $2,280.00
9.25% $2,343.33
9.5% $2,406.67
9.75% $2,470.00
10% $2,533.33