$505,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 505k interest only loan?
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Use this calculator to determine the monthly payment of a $505,000 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 505k Loan
Rate Payment
0.25% $105.21
0.5% $210.42
0.75% $315.63
1% $420.83
1.25% $526.04
1.5% $631.25
1.75% $736.46
2% $841.67
2.25% $946.88
2.5% $1,052.08
2.75% $1,157.29
3% $1,262.50
3.25% $1,367.71
3.5% $1,472.92
3.75% $1,578.13
4% $1,683.33
4.25% $1,788.54
4.5% $1,893.75
4.75% $1,998.96
5% $2,104.17
Interest Only Payment Table For a 505k Loan
Rate Payment
5.25% $2,209.38
5.5% $2,314.58
5.75% $2,419.79
6% $2,525.00
6.25% $2,630.21
6.5% $2,735.42
6.75% $2,840.63
7% $2,945.83
7.25% $3,051.04
7.5% $3,156.25
7.75% $3,261.46
8% $3,366.67
8.25% $3,471.88
8.5% $3,577.08
8.75% $3,682.29
9% $3,787.50
9.25% $3,892.71
9.5% $3,997.92
9.75% $4,103.13
10% $4,208.33