$305,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 305k interest only loan?
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Use this calculator to determine the monthly payment of a $305,000 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 305k Loan
Rate Payment
0.25% $63.54
0.5% $127.08
0.75% $190.63
1% $254.17
1.25% $317.71
1.5% $381.25
1.75% $444.79
2% $508.33
2.25% $571.88
2.5% $635.42
2.75% $698.96
3% $762.50
3.25% $826.04
3.5% $889.58
3.75% $953.13
4% $1,016.67
4.25% $1,080.21
4.5% $1,143.75
4.75% $1,207.29
5% $1,270.83
Interest Only Payment Table For a 305k Loan
Rate Payment
5.25% $1,334.38
5.5% $1,397.92
5.75% $1,461.46
6% $1,525.00
6.25% $1,588.54
6.5% $1,652.08
6.75% $1,715.63
7% $1,779.17
7.25% $1,842.71
7.5% $1,906.25
7.75% $1,969.79
8% $2,033.33
8.25% $2,096.88
8.5% $2,160.42
8.75% $2,223.96
9% $2,287.50
9.25% $2,351.04
9.5% $2,414.58
9.75% $2,478.13
10% $2,541.67
More Amounts
$306,000$307,000$308,000$309,000$310,000$311,000$312,000$313,000$314,000$315,000