$388,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 388k interest only loan?
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Use this calculator to determine the monthly payment of a $388,000 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 388k Loan
Rate Payment
0.25% $80.83
0.5% $161.67
0.75% $242.50
1% $323.33
1.25% $404.17
1.5% $485.00
1.75% $565.83
2% $646.67
2.25% $727.50
2.5% $808.33
2.75% $889.17
3% $970.00
3.25% $1,050.83
3.5% $1,131.67
3.75% $1,212.50
4% $1,293.33
4.25% $1,374.17
4.5% $1,455.00
4.75% $1,535.83
5% $1,616.67
Interest Only Payment Table For a 388k Loan
Rate Payment
5.25% $1,697.50
5.5% $1,778.33
5.75% $1,859.17
6% $1,940.00
6.25% $2,020.83
6.5% $2,101.67
6.75% $2,182.50
7% $2,263.33
7.25% $2,344.17
7.5% $2,425.00
7.75% $2,505.83
8% $2,586.67
8.25% $2,667.50
8.5% $2,748.33
8.75% $2,829.17
9% $2,910.00
9.25% $2,990.83
9.5% $3,071.67
9.75% $3,152.50
10% $3,233.33
More Amounts
$389,000$390,000$391,000$392,000$393,000$394,000$395,000$396,000$397,000$398,000