$406,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 406k interest only loan?
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Use this calculator to determine the monthly payment of a $406,000 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 406k Loan
Rate Payment
0.25% $84.58
0.5% $169.17
0.75% $253.75
1% $338.33
1.25% $422.92
1.5% $507.50
1.75% $592.08
2% $676.67
2.25% $761.25
2.5% $845.83
2.75% $930.42
3% $1,015.00
3.25% $1,099.58
3.5% $1,184.17
3.75% $1,268.75
4% $1,353.33
4.25% $1,437.92
4.5% $1,522.50
4.75% $1,607.08
5% $1,691.67
Interest Only Payment Table For a 406k Loan
Rate Payment
5.25% $1,776.25
5.5% $1,860.83
5.75% $1,945.42
6% $2,030.00
6.25% $2,114.58
6.5% $2,199.17
6.75% $2,283.75
7% $2,368.33
7.25% $2,452.92
7.5% $2,537.50
7.75% $2,622.08
8% $2,706.67
8.25% $2,791.25
8.5% $2,875.83
8.75% $2,960.42
9% $3,045.00
9.25% $3,129.58
9.5% $3,214.17
9.75% $3,298.75
10% $3,383.33
More Amounts
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