$508,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 508k interest only loan?
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Use this calculator to determine the monthly payment of a $508,000 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 508k Loan
Rate Payment
0.25% $105.83
0.5% $211.67
0.75% $317.50
1% $423.33
1.25% $529.17
1.5% $635.00
1.75% $740.83
2% $846.67
2.25% $952.50
2.5% $1,058.33
2.75% $1,164.17
3% $1,270.00
3.25% $1,375.83
3.5% $1,481.67
3.75% $1,587.50
4% $1,693.33
4.25% $1,799.17
4.5% $1,905.00
4.75% $2,010.83
5% $2,116.67
Interest Only Payment Table For a 508k Loan
Rate Payment
5.25% $2,222.50
5.5% $2,328.33
5.75% $2,434.17
6% $2,540.00
6.25% $2,645.83
6.5% $2,751.67
6.75% $2,857.50
7% $2,963.33
7.25% $3,069.17
7.5% $3,175.00
7.75% $3,280.83
8% $3,386.67
8.25% $3,492.50
8.5% $3,598.33
8.75% $3,704.17
9% $3,810.00
9.25% $3,915.83
9.5% $4,021.67
9.75% $4,127.50
10% $4,233.33
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