$398,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 398k interest only loan?
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Use this calculator to determine the monthly payment of a $398,000 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 398k Loan
Rate Payment
0.25% $82.92
0.5% $165.83
0.75% $248.75
1% $331.67
1.25% $414.58
1.5% $497.50
1.75% $580.42
2% $663.33
2.25% $746.25
2.5% $829.17
2.75% $912.08
3% $995.00
3.25% $1,077.92
3.5% $1,160.83
3.75% $1,243.75
4% $1,326.67
4.25% $1,409.58
4.5% $1,492.50
4.75% $1,575.42
5% $1,658.33
Interest Only Payment Table For a 398k Loan
Rate Payment
5.25% $1,741.25
5.5% $1,824.17
5.75% $1,907.08
6% $1,990.00
6.25% $2,072.92
6.5% $2,155.83
6.75% $2,238.75
7% $2,321.67
7.25% $2,404.58
7.5% $2,487.50
7.75% $2,570.42
8% $2,653.33
8.25% $2,736.25
8.5% $2,819.17
8.75% $2,902.08
9% $2,985.00
9.25% $3,067.92
9.5% $3,150.83
9.75% $3,233.75
10% $3,316.67