$503,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 503k interest only loan?
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Use this calculator to determine the monthly payment of a $503,000 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 503k Loan
Rate Payment
0.25% $104.79
0.5% $209.58
0.75% $314.38
1% $419.17
1.25% $523.96
1.5% $628.75
1.75% $733.54
2% $838.33
2.25% $943.13
2.5% $1,047.92
2.75% $1,152.71
3% $1,257.50
3.25% $1,362.29
3.5% $1,467.08
3.75% $1,571.88
4% $1,676.67
4.25% $1,781.46
4.5% $1,886.25
4.75% $1,991.04
5% $2,095.83
Interest Only Payment Table For a 503k Loan
Rate Payment
5.25% $2,200.63
5.5% $2,305.42
5.75% $2,410.21
6% $2,515.00
6.25% $2,619.79
6.5% $2,724.58
6.75% $2,829.38
7% $2,934.17
7.25% $3,038.96
7.5% $3,143.75
7.75% $3,248.54
8% $3,353.33
8.25% $3,458.13
8.5% $3,562.92
8.75% $3,667.71
9% $3,772.50
9.25% $3,877.29
9.5% $3,982.08
9.75% $4,086.88
10% $4,191.67