$470,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 470k interest only loan?
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Use this calculator to determine the monthly payment of a $470,000 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 470k Loan
Rate Payment
0.25% $97.92
0.5% $195.83
0.75% $293.75
1% $391.67
1.25% $489.58
1.5% $587.50
1.75% $685.42
2% $783.33
2.25% $881.25
2.5% $979.17
2.75% $1,077.08
3% $1,175.00
3.25% $1,272.92
3.5% $1,370.83
3.75% $1,468.75
4% $1,566.67
4.25% $1,664.58
4.5% $1,762.50
4.75% $1,860.42
5% $1,958.33
Interest Only Payment Table For a 470k Loan
Rate Payment
5.25% $2,056.25
5.5% $2,154.17
5.75% $2,252.08
6% $2,350.00
6.25% $2,447.92
6.5% $2,545.83
6.75% $2,643.75
7% $2,741.67
7.25% $2,839.58
7.5% $2,937.50
7.75% $3,035.42
8% $3,133.33
8.25% $3,231.25
8.5% $3,329.17
8.75% $3,427.08
9% $3,525.00
9.25% $3,622.92
9.5% $3,720.83
9.75% $3,818.75
10% $3,916.67