$308,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 308k interest only loan?
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Use this calculator to determine the monthly payment of a $308,000 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 308k Loan
Rate Payment
0.25% $64.17
0.5% $128.33
0.75% $192.50
1% $256.67
1.25% $320.83
1.5% $385.00
1.75% $449.17
2% $513.33
2.25% $577.50
2.5% $641.67
2.75% $705.83
3% $770.00
3.25% $834.17
3.5% $898.33
3.75% $962.50
4% $1,026.67
4.25% $1,090.83
4.5% $1,155.00
4.75% $1,219.17
5% $1,283.33
Interest Only Payment Table For a 308k Loan
Rate Payment
5.25% $1,347.50
5.5% $1,411.67
5.75% $1,475.83
6% $1,540.00
6.25% $1,604.17
6.5% $1,668.33
6.75% $1,732.50
7% $1,796.67
7.25% $1,860.83
7.5% $1,925.00
7.75% $1,989.17
8% $2,053.33
8.25% $2,117.50
8.5% $2,181.67
8.75% $2,245.83
9% $2,310.00
9.25% $2,374.17
9.5% $2,438.33
9.75% $2,502.50
10% $2,566.67