$509,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 509k interest only loan?
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Use this calculator to determine the monthly payment of a $509,000 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 509k Loan
Rate Payment
0.25% $106.04
0.5% $212.08
0.75% $318.13
1% $424.17
1.25% $530.21
1.5% $636.25
1.75% $742.29
2% $848.33
2.25% $954.38
2.5% $1,060.42
2.75% $1,166.46
3% $1,272.50
3.25% $1,378.54
3.5% $1,484.58
3.75% $1,590.63
4% $1,696.67
4.25% $1,802.71
4.5% $1,908.75
4.75% $2,014.79
5% $2,120.83
Interest Only Payment Table For a 509k Loan
Rate Payment
5.25% $2,226.88
5.5% $2,332.92
5.75% $2,438.96
6% $2,545.00
6.25% $2,651.04
6.5% $2,757.08
6.75% $2,863.13
7% $2,969.17
7.25% $3,075.21
7.5% $3,181.25
7.75% $3,287.29
8% $3,393.33
8.25% $3,499.38
8.5% $3,605.42
8.75% $3,711.46
9% $3,817.50
9.25% $3,923.54
9.5% $4,029.58
9.75% $4,135.63
10% $4,241.67