$480,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 480k interest only loan?
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Use this calculator to determine the monthly payment of a $480,000 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 480k Loan
Rate Payment
0.25% $100.00
0.5% $200.00
0.75% $300.00
1% $400.00
1.25% $500.00
1.5% $600.00
1.75% $700.00
2% $800.00
2.25% $900.00
2.5% $1,000.00
2.75% $1,100.00
3% $1,200.00
3.25% $1,300.00
3.5% $1,400.00
3.75% $1,500.00
4% $1,600.00
4.25% $1,700.00
4.5% $1,800.00
4.75% $1,900.00
5% $2,000.00
Interest Only Payment Table For a 480k Loan
Rate Payment
5.25% $2,100.00
5.5% $2,200.00
5.75% $2,300.00
6% $2,400.00
6.25% $2,500.00
6.5% $2,600.00
6.75% $2,700.00
7% $2,800.00
7.25% $2,900.00
7.5% $3,000.00
7.75% $3,100.00
8% $3,200.00
8.25% $3,300.00
8.5% $3,400.00
8.75% $3,500.00
9% $3,600.00
9.25% $3,700.00
9.5% $3,800.00
9.75% $3,900.00
10% $4,000.00