$506,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 506k interest only loan?
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Use this calculator to determine the monthly payment of a $506,000 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 506k Loan
Rate Payment
0.25% $105.42
0.5% $210.83
0.75% $316.25
1% $421.67
1.25% $527.08
1.5% $632.50
1.75% $737.92
2% $843.33
2.25% $948.75
2.5% $1,054.17
2.75% $1,159.58
3% $1,265.00
3.25% $1,370.42
3.5% $1,475.83
3.75% $1,581.25
4% $1,686.67
4.25% $1,792.08
4.5% $1,897.50
4.75% $2,002.92
5% $2,108.33
Interest Only Payment Table For a 506k Loan
Rate Payment
5.25% $2,213.75
5.5% $2,319.17
5.75% $2,424.58
6% $2,530.00
6.25% $2,635.42
6.5% $2,740.83
6.75% $2,846.25
7% $2,951.67
7.25% $3,057.08
7.5% $3,162.50
7.75% $3,267.92
8% $3,373.33
8.25% $3,478.75
8.5% $3,584.17
8.75% $3,689.58
9% $3,795.00
9.25% $3,900.42
9.5% $4,005.83
9.75% $4,111.25
10% $4,216.67
More Amounts
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