$498,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 498k interest only loan?
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Use this calculator to determine the monthly payment of a $498,000 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 498k Loan
Rate Payment
0.25% $103.75
0.5% $207.50
0.75% $311.25
1% $415.00
1.25% $518.75
1.5% $622.50
1.75% $726.25
2% $830.00
2.25% $933.75
2.5% $1,037.50
2.75% $1,141.25
3% $1,245.00
3.25% $1,348.75
3.5% $1,452.50
3.75% $1,556.25
4% $1,660.00
4.25% $1,763.75
4.5% $1,867.50
4.75% $1,971.25
5% $2,075.00
Interest Only Payment Table For a 498k Loan
Rate Payment
5.25% $2,178.75
5.5% $2,282.50
5.75% $2,386.25
6% $2,490.00
6.25% $2,593.75
6.5% $2,697.50
6.75% $2,801.25
7% $2,905.00
7.25% $3,008.75
7.5% $3,112.50
7.75% $3,216.25
8% $3,320.00
8.25% $3,423.75
8.5% $3,527.50
8.75% $3,631.25
9% $3,735.00
9.25% $3,838.75
9.5% $3,942.50
9.75% $4,046.25
10% $4,150.00