$407,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 407k interest only loan?
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Use this calculator to determine the monthly payment of a $407,000 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 407k Loan
Rate Payment
0.25% $84.79
0.5% $169.58
0.75% $254.38
1% $339.17
1.25% $423.96
1.5% $508.75
1.75% $593.54
2% $678.33
2.25% $763.13
2.5% $847.92
2.75% $932.71
3% $1,017.50
3.25% $1,102.29
3.5% $1,187.08
3.75% $1,271.88
4% $1,356.67
4.25% $1,441.46
4.5% $1,526.25
4.75% $1,611.04
5% $1,695.83
Interest Only Payment Table For a 407k Loan
Rate Payment
5.25% $1,780.63
5.5% $1,865.42
5.75% $1,950.21
6% $2,035.00
6.25% $2,119.79
6.5% $2,204.58
6.75% $2,289.38
7% $2,374.17
7.25% $2,458.96
7.5% $2,543.75
7.75% $2,628.54
8% $2,713.33
8.25% $2,798.13
8.5% $2,882.92
8.75% $2,967.71
9% $3,052.50
9.25% $3,137.29
9.5% $3,222.08
9.75% $3,306.88
10% $3,391.67