$402,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 402k interest only loan?
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Use this calculator to determine the monthly payment of a $402,000 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 402k Loan
Rate Payment
0.25% $83.75
0.5% $167.50
0.75% $251.25
1% $335.00
1.25% $418.75
1.5% $502.50
1.75% $586.25
2% $670.00
2.25% $753.75
2.5% $837.50
2.75% $921.25
3% $1,005.00
3.25% $1,088.75
3.5% $1,172.50
3.75% $1,256.25
4% $1,340.00
4.25% $1,423.75
4.5% $1,507.50
4.75% $1,591.25
5% $1,675.00
Interest Only Payment Table For a 402k Loan
Rate Payment
5.25% $1,758.75
5.5% $1,842.50
5.75% $1,926.25
6% $2,010.00
6.25% $2,093.75
6.5% $2,177.50
6.75% $2,261.25
7% $2,345.00
7.25% $2,428.75
7.5% $2,512.50
7.75% $2,596.25
8% $2,680.00
8.25% $2,763.75
8.5% $2,847.50
8.75% $2,931.25
9% $3,015.00
9.25% $3,098.75
9.5% $3,182.50
9.75% $3,266.25
10% $3,350.00