$348,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 348k interest only loan?
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Use this calculator to determine the monthly payment of a $348,000 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 348k Loan
Rate Payment
0.25% $72.50
0.5% $145.00
0.75% $217.50
1% $290.00
1.25% $362.50
1.5% $435.00
1.75% $507.50
2% $580.00
2.25% $652.50
2.5% $725.00
2.75% $797.50
3% $870.00
3.25% $942.50
3.5% $1,015.00
3.75% $1,087.50
4% $1,160.00
4.25% $1,232.50
4.5% $1,305.00
4.75% $1,377.50
5% $1,450.00
Interest Only Payment Table For a 348k Loan
Rate Payment
5.25% $1,522.50
5.5% $1,595.00
5.75% $1,667.50
6% $1,740.00
6.25% $1,812.50
6.5% $1,885.00
6.75% $1,957.50
7% $2,030.00
7.25% $2,102.50
7.5% $2,175.00
7.75% $2,247.50
8% $2,320.00
8.25% $2,392.50
8.5% $2,465.00
8.75% $2,537.50
9% $2,610.00
9.25% $2,682.50
9.5% $2,755.00
9.75% $2,827.50
10% $2,900.00