$408,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 408k interest only loan?
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Use this calculator to determine the monthly payment of a $408,000 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 408k Loan
Rate Payment
0.25% $85.00
0.5% $170.00
0.75% $255.00
1% $340.00
1.25% $425.00
1.5% $510.00
1.75% $595.00
2% $680.00
2.25% $765.00
2.5% $850.00
2.75% $935.00
3% $1,020.00
3.25% $1,105.00
3.5% $1,190.00
3.75% $1,275.00
4% $1,360.00
4.25% $1,445.00
4.5% $1,530.00
4.75% $1,615.00
5% $1,700.00
Interest Only Payment Table For a 408k Loan
Rate Payment
5.25% $1,785.00
5.5% $1,870.00
5.75% $1,955.00
6% $2,040.00
6.25% $2,125.00
6.5% $2,210.00
6.75% $2,295.00
7% $2,380.00
7.25% $2,465.00
7.5% $2,550.00
7.75% $2,635.00
8% $2,720.00
8.25% $2,805.00
8.5% $2,890.00
8.75% $2,975.00
9% $3,060.00
9.25% $3,145.00
9.5% $3,230.00
9.75% $3,315.00
10% $3,400.00
More Amounts
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