$583,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 583k interest only loan?
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Use this calculator to determine the monthly payment of a $583,000 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 583k Loan
Rate Payment
0.25% $121.46
0.5% $242.92
0.75% $364.38
1% $485.83
1.25% $607.29
1.5% $728.75
1.75% $850.21
2% $971.67
2.25% $1,093.13
2.5% $1,214.58
2.75% $1,336.04
3% $1,457.50
3.25% $1,578.96
3.5% $1,700.42
3.75% $1,821.88
4% $1,943.33
4.25% $2,064.79
4.5% $2,186.25
4.75% $2,307.71
5% $2,429.17
Interest Only Payment Table For a 583k Loan
Rate Payment
5.25% $2,550.63
5.5% $2,672.08
5.75% $2,793.54
6% $2,915.00
6.25% $3,036.46
6.5% $3,157.92
6.75% $3,279.38
7% $3,400.83
7.25% $3,522.29
7.5% $3,643.75
7.75% $3,765.21
8% $3,886.67
8.25% $4,008.13
8.5% $4,129.58
8.75% $4,251.04
9% $4,372.50
9.25% $4,493.96
9.5% $4,615.42
9.75% $4,736.88
10% $4,858.33
More Amounts
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