$590,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 590k interest only loan?
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Use this calculator to determine the monthly payment of a $590,000 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 590k Loan
Rate Payment
0.25% $122.92
0.5% $245.83
0.75% $368.75
1% $491.67
1.25% $614.58
1.5% $737.50
1.75% $860.42
2% $983.33
2.25% $1,106.25
2.5% $1,229.17
2.75% $1,352.08
3% $1,475.00
3.25% $1,597.92
3.5% $1,720.83
3.75% $1,843.75
4% $1,966.67
4.25% $2,089.58
4.5% $2,212.50
4.75% $2,335.42
5% $2,458.33
Interest Only Payment Table For a 590k Loan
Rate Payment
5.25% $2,581.25
5.5% $2,704.17
5.75% $2,827.08
6% $2,950.00
6.25% $3,072.92
6.5% $3,195.83
6.75% $3,318.75
7% $3,441.67
7.25% $3,564.58
7.5% $3,687.50
7.75% $3,810.42
8% $3,933.33
8.25% $4,056.25
8.5% $4,179.17
8.75% $4,302.08
9% $4,425.00
9.25% $4,547.92
9.5% $4,670.83
9.75% $4,793.75
10% $4,916.67
More Amounts
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