$501,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 501k interest only loan?
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Use this calculator to determine the monthly payment of a $501,000 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 501k Loan
Rate Payment
0.25% $104.38
0.5% $208.75
0.75% $313.13
1% $417.50
1.25% $521.88
1.5% $626.25
1.75% $730.63
2% $835.00
2.25% $939.38
2.5% $1,043.75
2.75% $1,148.13
3% $1,252.50
3.25% $1,356.88
3.5% $1,461.25
3.75% $1,565.63
4% $1,670.00
4.25% $1,774.38
4.5% $1,878.75
4.75% $1,983.13
5% $2,087.50
Interest Only Payment Table For a 501k Loan
Rate Payment
5.25% $2,191.88
5.5% $2,296.25
5.75% $2,400.63
6% $2,505.00
6.25% $2,609.38
6.5% $2,713.75
6.75% $2,818.13
7% $2,922.50
7.25% $3,026.88
7.5% $3,131.25
7.75% $3,235.63
8% $3,340.00
8.25% $3,444.38
8.5% $3,548.75
8.75% $3,653.13
9% $3,757.50
9.25% $3,861.88
9.5% $3,966.25
9.75% $4,070.63
10% $4,175.00