$502,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 502k interest only loan?
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Use this calculator to determine the monthly payment of a $502,000 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 502k Loan
Rate Payment
0.25% $104.58
0.5% $209.17
0.75% $313.75
1% $418.33
1.25% $522.92
1.5% $627.50
1.75% $732.08
2% $836.67
2.25% $941.25
2.5% $1,045.83
2.75% $1,150.42
3% $1,255.00
3.25% $1,359.58
3.5% $1,464.17
3.75% $1,568.75
4% $1,673.33
4.25% $1,777.92
4.5% $1,882.50
4.75% $1,987.08
5% $2,091.67
Interest Only Payment Table For a 502k Loan
Rate Payment
5.25% $2,196.25
5.5% $2,300.83
5.75% $2,405.42
6% $2,510.00
6.25% $2,614.58
6.5% $2,719.17
6.75% $2,823.75
7% $2,928.33
7.25% $3,032.92
7.5% $3,137.50
7.75% $3,242.08
8% $3,346.67
8.25% $3,451.25
8.5% $3,555.83
8.75% $3,660.42
9% $3,765.00
9.25% $3,869.58
9.5% $3,974.17
9.75% $4,078.75
10% $4,183.33