$550,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 550k interest only loan?
$
$
%
Use this calculator to determine the monthly payment of a $550,000 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 550k Loan
Rate Payment
0.25% $114.58
0.5% $229.17
0.75% $343.75
1% $458.33
1.25% $572.92
1.5% $687.50
1.75% $802.08
2% $916.67
2.25% $1,031.25
2.5% $1,145.83
2.75% $1,260.42
3% $1,375.00
3.25% $1,489.58
3.5% $1,604.17
3.75% $1,718.75
4% $1,833.33
4.25% $1,947.92
4.5% $2,062.50
4.75% $2,177.08
5% $2,291.67
Interest Only Payment Table For a 550k Loan
Rate Payment
5.25% $2,406.25
5.5% $2,520.83
5.75% $2,635.42
6% $2,750.00
6.25% $2,864.58
6.5% $2,979.17
6.75% $3,093.75
7% $3,208.33
7.25% $3,322.92
7.5% $3,437.50
7.75% $3,552.08
8% $3,666.67
8.25% $3,781.25
8.5% $3,895.83
8.75% $4,010.42
9% $4,125.00
9.25% $4,239.58
9.5% $4,354.17
9.75% $4,468.75
10% $4,583.33
More Amounts
$551,000$552,000$553,000$554,000$555,000$556,000$557,000$558,000$559,000$560,000