$494,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 494k interest only loan?
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Use this calculator to determine the monthly payment of a $494,000 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 494k Loan
Rate Payment
0.25% $102.92
0.5% $205.83
0.75% $308.75
1% $411.67
1.25% $514.58
1.5% $617.50
1.75% $720.42
2% $823.33
2.25% $926.25
2.5% $1,029.17
2.75% $1,132.08
3% $1,235.00
3.25% $1,337.92
3.5% $1,440.83
3.75% $1,543.75
4% $1,646.67
4.25% $1,749.58
4.5% $1,852.50
4.75% $1,955.42
5% $2,058.33
Interest Only Payment Table For a 494k Loan
Rate Payment
5.25% $2,161.25
5.5% $2,264.17
5.75% $2,367.08
6% $2,470.00
6.25% $2,572.92
6.5% $2,675.83
6.75% $2,778.75
7% $2,881.67
7.25% $2,984.58
7.5% $3,087.50
7.75% $3,190.42
8% $3,293.33
8.25% $3,396.25
8.5% $3,499.17
8.75% $3,602.08
9% $3,705.00
9.25% $3,807.92
9.5% $3,910.83
9.75% $4,013.75
10% $4,116.67