$596,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 596k interest only loan?
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Use this calculator to determine the monthly payment of a $596,000 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 596k Loan
Rate Payment
0.25% $124.17
0.5% $248.33
0.75% $372.50
1% $496.67
1.25% $620.83
1.5% $745.00
1.75% $869.17
2% $993.33
2.25% $1,117.50
2.5% $1,241.67
2.75% $1,365.83
3% $1,490.00
3.25% $1,614.17
3.5% $1,738.33
3.75% $1,862.50
4% $1,986.67
4.25% $2,110.83
4.5% $2,235.00
4.75% $2,359.17
5% $2,483.33
Interest Only Payment Table For a 596k Loan
Rate Payment
5.25% $2,607.50
5.5% $2,731.67
5.75% $2,855.83
6% $2,980.00
6.25% $3,104.17
6.5% $3,228.33
6.75% $3,352.50
7% $3,476.67
7.25% $3,600.83
7.5% $3,725.00
7.75% $3,849.17
8% $3,973.33
8.25% $4,097.50
8.5% $4,221.67
8.75% $4,345.83
9% $4,470.00
9.25% $4,594.17
9.5% $4,718.33
9.75% $4,842.50
10% $4,966.67
More Amounts
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