$500,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 500k interest only loan?
$
$
%
Use this calculator to determine the monthly payment of a $500,000 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 500k Loan
Rate Payment
0.25% $104.17
0.5% $208.33
0.75% $312.50
1% $416.67
1.25% $520.83
1.5% $625.00
1.75% $729.17
2% $833.33
2.25% $937.50
2.5% $1,041.67
2.75% $1,145.83
3% $1,250.00
3.25% $1,354.17
3.5% $1,458.33
3.75% $1,562.50
4% $1,666.67
4.25% $1,770.83
4.5% $1,875.00
4.75% $1,979.17
5% $2,083.33
Interest Only Payment Table For a 500k Loan
Rate Payment
5.25% $2,187.50
5.5% $2,291.67
5.75% $2,395.83
6% $2,500.00
6.25% $2,604.17
6.5% $2,708.33
6.75% $2,812.50
7% $2,916.67
7.25% $3,020.83
7.5% $3,125.00
7.75% $3,229.17
8% $3,333.33
8.25% $3,437.50
8.5% $3,541.67
8.75% $3,645.83
9% $3,750.00
9.25% $3,854.17
9.5% $3,958.33
9.75% $4,062.50
10% $4,166.67
More Amounts
$501,000$502,000$503,000$504,000$505,000$506,000$507,000$508,000$509,000$510,000