$309,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 309k interest only loan?
$
$
%

Use this calculator to determine the monthly payment of a $309,000 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 309k Loan
Rate Payment
0.25% $64.38
0.5% $128.75
0.75% $193.13
1% $257.50
1.25% $321.88
1.5% $386.25
1.75% $450.63
2% $515.00
2.25% $579.38
2.5% $643.75
2.75% $708.13
3% $772.50
3.25% $836.88
3.5% $901.25
3.75% $965.63
4% $1,030.00
4.25% $1,094.38
4.5% $1,158.75
4.75% $1,223.13
5% $1,287.50
Interest Only Payment Table For a 309k Loan
Rate Payment
5.25% $1,351.88
5.5% $1,416.25
5.75% $1,480.63
6% $1,545.00
6.25% $1,609.38
6.5% $1,673.75
6.75% $1,738.13
7% $1,802.50
7.25% $1,866.88
7.5% $1,931.25
7.75% $1,995.63
8% $2,060.00
8.25% $2,124.38
8.5% $2,188.75
8.75% $2,253.13
9% $2,317.50
9.25% $2,381.88
9.5% $2,446.25
9.75% $2,510.63
10% $2,575.00