$424,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 424k interest only loan?
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Use this calculator to determine the monthly payment of a $424,000 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 424k Loan
Rate Payment
0.25% $88.33
0.5% $176.67
0.75% $265.00
1% $353.33
1.25% $441.67
1.5% $530.00
1.75% $618.33
2% $706.67
2.25% $795.00
2.5% $883.33
2.75% $971.67
3% $1,060.00
3.25% $1,148.33
3.5% $1,236.67
3.75% $1,325.00
4% $1,413.33
4.25% $1,501.67
4.5% $1,590.00
4.75% $1,678.33
5% $1,766.67
Interest Only Payment Table For a 424k Loan
Rate Payment
5.25% $1,855.00
5.5% $1,943.33
5.75% $2,031.67
6% $2,120.00
6.25% $2,208.33
6.5% $2,296.67
6.75% $2,385.00
7% $2,473.33
7.25% $2,561.67
7.5% $2,650.00
7.75% $2,738.33
8% $2,826.67
8.25% $2,915.00
8.5% $3,003.33
8.75% $3,091.67
9% $3,180.00
9.25% $3,268.33
9.5% $3,356.67
9.75% $3,445.00
10% $3,533.33
More Amounts
$425,000$426,000$427,000$428,000$429,000$430,000$431,000$432,000$433,000$434,000