$397,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 397k interest only loan?
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Use this calculator to determine the monthly payment of a $397,000 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 397k Loan
Rate Payment
0.25% $82.71
0.5% $165.42
0.75% $248.13
1% $330.83
1.25% $413.54
1.5% $496.25
1.75% $578.96
2% $661.67
2.25% $744.38
2.5% $827.08
2.75% $909.79
3% $992.50
3.25% $1,075.21
3.5% $1,157.92
3.75% $1,240.63
4% $1,323.33
4.25% $1,406.04
4.5% $1,488.75
4.75% $1,571.46
5% $1,654.17
Interest Only Payment Table For a 397k Loan
Rate Payment
5.25% $1,736.88
5.5% $1,819.58
5.75% $1,902.29
6% $1,985.00
6.25% $2,067.71
6.5% $2,150.42
6.75% $2,233.13
7% $2,315.83
7.25% $2,398.54
7.5% $2,481.25
7.75% $2,563.96
8% $2,646.67
8.25% $2,729.38
8.5% $2,812.08
8.75% $2,894.79
9% $2,977.50
9.25% $3,060.21
9.5% $3,142.92
9.75% $3,225.63
10% $3,308.33
More Amounts
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