$404,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 404k interest only loan?
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Use this calculator to determine the monthly payment of a $404,000 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 404k Loan
Rate Payment
0.25% $84.17
0.5% $168.33
0.75% $252.50
1% $336.67
1.25% $420.83
1.5% $505.00
1.75% $589.17
2% $673.33
2.25% $757.50
2.5% $841.67
2.75% $925.83
3% $1,010.00
3.25% $1,094.17
3.5% $1,178.33
3.75% $1,262.50
4% $1,346.67
4.25% $1,430.83
4.5% $1,515.00
4.75% $1,599.17
5% $1,683.33
Interest Only Payment Table For a 404k Loan
Rate Payment
5.25% $1,767.50
5.5% $1,851.67
5.75% $1,935.83
6% $2,020.00
6.25% $2,104.17
6.5% $2,188.33
6.75% $2,272.50
7% $2,356.67
7.25% $2,440.83
7.5% $2,525.00
7.75% $2,609.17
8% $2,693.33
8.25% $2,777.50
8.5% $2,861.67
8.75% $2,945.83
9% $3,030.00
9.25% $3,114.17
9.5% $3,198.33
9.75% $3,282.50
10% $3,366.67
More Amounts
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