$428,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 428k interest only loan?
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Use this calculator to determine the monthly payment of a $428,000 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 428k Loan
Rate Payment
0.25% $89.17
0.5% $178.33
0.75% $267.50
1% $356.67
1.25% $445.83
1.5% $535.00
1.75% $624.17
2% $713.33
2.25% $802.50
2.5% $891.67
2.75% $980.83
3% $1,070.00
3.25% $1,159.17
3.5% $1,248.33
3.75% $1,337.50
4% $1,426.67
4.25% $1,515.83
4.5% $1,605.00
4.75% $1,694.17
5% $1,783.33
Interest Only Payment Table For a 428k Loan
Rate Payment
5.25% $1,872.50
5.5% $1,961.67
5.75% $2,050.83
6% $2,140.00
6.25% $2,229.17
6.5% $2,318.33
6.75% $2,407.50
7% $2,496.67
7.25% $2,585.83
7.5% $2,675.00
7.75% $2,764.17
8% $2,853.33
8.25% $2,942.50
8.5% $3,031.67
8.75% $3,120.83
9% $3,210.00
9.25% $3,299.17
9.5% $3,388.33
9.75% $3,477.50
10% $3,566.67