$420,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 420k interest only loan?
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Use this calculator to determine the monthly payment of a $420,000 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 420k Loan
Rate Payment
0.25% $87.50
0.5% $175.00
0.75% $262.50
1% $350.00
1.25% $437.50
1.5% $525.00
1.75% $612.50
2% $700.00
2.25% $787.50
2.5% $875.00
2.75% $962.50
3% $1,050.00
3.25% $1,137.50
3.5% $1,225.00
3.75% $1,312.50
4% $1,400.00
4.25% $1,487.50
4.5% $1,575.00
4.75% $1,662.50
5% $1,750.00
Interest Only Payment Table For a 420k Loan
Rate Payment
5.25% $1,837.50
5.5% $1,925.00
5.75% $2,012.50
6% $2,100.00
6.25% $2,187.50
6.5% $2,275.00
6.75% $2,362.50
7% $2,450.00
7.25% $2,537.50
7.5% $2,625.00
7.75% $2,712.50
8% $2,800.00
8.25% $2,887.50
8.5% $2,975.00
8.75% $3,062.50
9% $3,150.00
9.25% $3,237.50
9.5% $3,325.00
9.75% $3,412.50
10% $3,500.00