$342,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 342k interest only loan?
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Use this calculator to determine the monthly payment of a $342,000 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 342k Loan
Rate Payment
0.25% $71.25
0.5% $142.50
0.75% $213.75
1% $285.00
1.25% $356.25
1.5% $427.50
1.75% $498.75
2% $570.00
2.25% $641.25
2.5% $712.50
2.75% $783.75
3% $855.00
3.25% $926.25
3.5% $997.50
3.75% $1,068.75
4% $1,140.00
4.25% $1,211.25
4.5% $1,282.50
4.75% $1,353.75
5% $1,425.00
Interest Only Payment Table For a 342k Loan
Rate Payment
5.25% $1,496.25
5.5% $1,567.50
5.75% $1,638.75
6% $1,710.00
6.25% $1,781.25
6.5% $1,852.50
6.75% $1,923.75
7% $1,995.00
7.25% $2,066.25
7.5% $2,137.50
7.75% $2,208.75
8% $2,280.00
8.25% $2,351.25
8.5% $2,422.50
8.75% $2,493.75
9% $2,565.00
9.25% $2,636.25
9.5% $2,707.50
9.75% $2,778.75
10% $2,850.00