$490,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 490k interest only loan?
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Use this calculator to determine the monthly payment of a $490,000 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 490k Loan
Rate Payment
0.25% $102.08
0.5% $204.17
0.75% $306.25
1% $408.33
1.25% $510.42
1.5% $612.50
1.75% $714.58
2% $816.67
2.25% $918.75
2.5% $1,020.83
2.75% $1,122.92
3% $1,225.00
3.25% $1,327.08
3.5% $1,429.17
3.75% $1,531.25
4% $1,633.33
4.25% $1,735.42
4.5% $1,837.50
4.75% $1,939.58
5% $2,041.67
Interest Only Payment Table For a 490k Loan
Rate Payment
5.25% $2,143.75
5.5% $2,245.83
5.75% $2,347.92
6% $2,450.00
6.25% $2,552.08
6.5% $2,654.17
6.75% $2,756.25
7% $2,858.33
7.25% $2,960.42
7.5% $3,062.50
7.75% $3,164.58
8% $3,266.67
8.25% $3,368.75
8.5% $3,470.83
8.75% $3,572.92
9% $3,675.00
9.25% $3,777.08
9.5% $3,879.17
9.75% $3,981.25
10% $4,083.33
More Amounts
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