$487,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 487k interest only loan?
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Use this calculator to determine the monthly payment of a $487,000 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 487k Loan
Rate Payment
0.25% $101.46
0.5% $202.92
0.75% $304.38
1% $405.83
1.25% $507.29
1.5% $608.75
1.75% $710.21
2% $811.67
2.25% $913.13
2.5% $1,014.58
2.75% $1,116.04
3% $1,217.50
3.25% $1,318.96
3.5% $1,420.42
3.75% $1,521.88
4% $1,623.33
4.25% $1,724.79
4.5% $1,826.25
4.75% $1,927.71
5% $2,029.17
Interest Only Payment Table For a 487k Loan
Rate Payment
5.25% $2,130.63
5.5% $2,232.08
5.75% $2,333.54
6% $2,435.00
6.25% $2,536.46
6.5% $2,637.92
6.75% $2,739.38
7% $2,840.83
7.25% $2,942.29
7.5% $3,043.75
7.75% $3,145.21
8% $3,246.67
8.25% $3,348.13
8.5% $3,449.58
8.75% $3,551.04
9% $3,652.50
9.25% $3,753.96
9.5% $3,855.42
9.75% $3,956.88
10% $4,058.33
More Amounts
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