$597,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 597k interest only loan?
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Use this calculator to determine the monthly payment of a $597,000 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 597k Loan
Rate Payment
0.25% $124.38
0.5% $248.75
0.75% $373.13
1% $497.50
1.25% $621.88
1.5% $746.25
1.75% $870.63
2% $995.00
2.25% $1,119.38
2.5% $1,243.75
2.75% $1,368.13
3% $1,492.50
3.25% $1,616.88
3.5% $1,741.25
3.75% $1,865.63
4% $1,990.00
4.25% $2,114.38
4.5% $2,238.75
4.75% $2,363.13
5% $2,487.50
Interest Only Payment Table For a 597k Loan
Rate Payment
5.25% $2,611.88
5.5% $2,736.25
5.75% $2,860.63
6% $2,985.00
6.25% $3,109.38
6.5% $3,233.75
6.75% $3,358.13
7% $3,482.50
7.25% $3,606.88
7.5% $3,731.25
7.75% $3,855.63
8% $3,980.00
8.25% $4,104.38
8.5% $4,228.75
8.75% $4,353.13
9% $4,477.50
9.25% $4,601.88
9.5% $4,726.25
9.75% $4,850.63
10% $4,975.00
More Amounts
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