$581,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 581k interest only loan?
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Use this calculator to determine the monthly payment of a $581,000 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 581k Loan
Rate Payment
0.25% $121.04
0.5% $242.08
0.75% $363.13
1% $484.17
1.25% $605.21
1.5% $726.25
1.75% $847.29
2% $968.33
2.25% $1,089.38
2.5% $1,210.42
2.75% $1,331.46
3% $1,452.50
3.25% $1,573.54
3.5% $1,694.58
3.75% $1,815.63
4% $1,936.67
4.25% $2,057.71
4.5% $2,178.75
4.75% $2,299.79
5% $2,420.83
Interest Only Payment Table For a 581k Loan
Rate Payment
5.25% $2,541.88
5.5% $2,662.92
5.75% $2,783.96
6% $2,905.00
6.25% $3,026.04
6.5% $3,147.08
6.75% $3,268.13
7% $3,389.17
7.25% $3,510.21
7.5% $3,631.25
7.75% $3,752.29
8% $3,873.33
8.25% $3,994.38
8.5% $4,115.42
8.75% $4,236.46
9% $4,357.50
9.25% $4,478.54
9.5% $4,599.58
9.75% $4,720.63
10% $4,841.67