$489,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 489k interest only loan?
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Use this calculator to determine the monthly payment of a $489,000 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 489k Loan
Rate Payment
0.25% $101.88
0.5% $203.75
0.75% $305.63
1% $407.50
1.25% $509.38
1.5% $611.25
1.75% $713.13
2% $815.00
2.25% $916.88
2.5% $1,018.75
2.75% $1,120.63
3% $1,222.50
3.25% $1,324.38
3.5% $1,426.25
3.75% $1,528.13
4% $1,630.00
4.25% $1,731.88
4.5% $1,833.75
4.75% $1,935.63
5% $2,037.50
Interest Only Payment Table For a 489k Loan
Rate Payment
5.25% $2,139.38
5.5% $2,241.25
5.75% $2,343.13
6% $2,445.00
6.25% $2,546.88
6.5% $2,648.75
6.75% $2,750.63
7% $2,852.50
7.25% $2,954.38
7.5% $3,056.25
7.75% $3,158.13
8% $3,260.00
8.25% $3,361.88
8.5% $3,463.75
8.75% $3,565.63
9% $3,667.50
9.25% $3,769.38
9.5% $3,871.25
9.75% $3,973.13
10% $4,075.00
More Amounts
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