$340,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 340k interest only loan?
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Use this calculator to determine the monthly payment of a $340,000 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 340k Loan
Rate Payment
0.25% $70.83
0.5% $141.67
0.75% $212.50
1% $283.33
1.25% $354.17
1.5% $425.00
1.75% $495.83
2% $566.67
2.25% $637.50
2.5% $708.33
2.75% $779.17
3% $850.00
3.25% $920.83
3.5% $991.67
3.75% $1,062.50
4% $1,133.33
4.25% $1,204.17
4.5% $1,275.00
4.75% $1,345.83
5% $1,416.67
Interest Only Payment Table For a 340k Loan
Rate Payment
5.25% $1,487.50
5.5% $1,558.33
5.75% $1,629.17
6% $1,700.00
6.25% $1,770.83
6.5% $1,841.67
6.75% $1,912.50
7% $1,983.33
7.25% $2,054.17
7.5% $2,125.00
7.75% $2,195.83
8% $2,266.67
8.25% $2,337.50
8.5% $2,408.33
8.75% $2,479.17
9% $2,550.00
9.25% $2,620.83
9.5% $2,691.67
9.75% $2,762.50
10% $2,833.33
More Amounts
$341,000$342,000$343,000$344,000$345,000$346,000$347,000$348,000$349,000$350,000