$580,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 580k interest only loan?
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Use this calculator to determine the monthly payment of a $580,000 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 580k Loan
Rate Payment
0.25% $120.83
0.5% $241.67
0.75% $362.50
1% $483.33
1.25% $604.17
1.5% $725.00
1.75% $845.83
2% $966.67
2.25% $1,087.50
2.5% $1,208.33
2.75% $1,329.17
3% $1,450.00
3.25% $1,570.83
3.5% $1,691.67
3.75% $1,812.50
4% $1,933.33
4.25% $2,054.17
4.5% $2,175.00
4.75% $2,295.83
5% $2,416.67
Interest Only Payment Table For a 580k Loan
Rate Payment
5.25% $2,537.50
5.5% $2,658.33
5.75% $2,779.17
6% $2,900.00
6.25% $3,020.83
6.5% $3,141.67
6.75% $3,262.50
7% $3,383.33
7.25% $3,504.17
7.5% $3,625.00
7.75% $3,745.83
8% $3,866.67
8.25% $3,987.50
8.5% $4,108.33
8.75% $4,229.17
9% $4,350.00
9.25% $4,470.83
9.5% $4,591.67
9.75% $4,712.50
10% $4,833.33
More Amounts
$581,000$582,000$583,000$584,000$585,000$586,000$587,000$588,000$589,000$590,000