$389,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 389k interest only loan?
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Use this calculator to determine the monthly payment of a $389,000 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 389k Loan
Rate Payment
0.25% $81.04
0.5% $162.08
0.75% $243.13
1% $324.17
1.25% $405.21
1.5% $486.25
1.75% $567.29
2% $648.33
2.25% $729.38
2.5% $810.42
2.75% $891.46
3% $972.50
3.25% $1,053.54
3.5% $1,134.58
3.75% $1,215.63
4% $1,296.67
4.25% $1,377.71
4.5% $1,458.75
4.75% $1,539.79
5% $1,620.83
Interest Only Payment Table For a 389k Loan
Rate Payment
5.25% $1,701.88
5.5% $1,782.92
5.75% $1,863.96
6% $1,945.00
6.25% $2,026.04
6.5% $2,107.08
6.75% $2,188.13
7% $2,269.17
7.25% $2,350.21
7.5% $2,431.25
7.75% $2,512.29
8% $2,593.33
8.25% $2,674.38
8.5% $2,755.42
8.75% $2,836.46
9% $2,917.50
9.25% $2,998.54
9.5% $3,079.58
9.75% $3,160.63
10% $3,241.67
More Amounts
$390,000$391,000$392,000$393,000$394,000$395,000$396,000$397,000$398,000$399,000