$306,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 306k interest only loan?
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Use this calculator to determine the monthly payment of a $306,000 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 306k Loan
Rate Payment
0.25% $63.75
0.5% $127.50
0.75% $191.25
1% $255.00
1.25% $318.75
1.5% $382.50
1.75% $446.25
2% $510.00
2.25% $573.75
2.5% $637.50
2.75% $701.25
3% $765.00
3.25% $828.75
3.5% $892.50
3.75% $956.25
4% $1,020.00
4.25% $1,083.75
4.5% $1,147.50
4.75% $1,211.25
5% $1,275.00
Interest Only Payment Table For a 306k Loan
Rate Payment
5.25% $1,338.75
5.5% $1,402.50
5.75% $1,466.25
6% $1,530.00
6.25% $1,593.75
6.5% $1,657.50
6.75% $1,721.25
7% $1,785.00
7.25% $1,848.75
7.5% $1,912.50
7.75% $1,976.25
8% $2,040.00
8.25% $2,103.75
8.5% $2,167.50
8.75% $2,231.25
9% $2,295.00
9.25% $2,358.75
9.5% $2,422.50
9.75% $2,486.25
10% $2,550.00