$598,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 598k interest only loan?
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Use this calculator to determine the monthly payment of a $598,000 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 598k Loan
Rate Payment
0.25% $124.58
0.5% $249.17
0.75% $373.75
1% $498.33
1.25% $622.92
1.5% $747.50
1.75% $872.08
2% $996.67
2.25% $1,121.25
2.5% $1,245.83
2.75% $1,370.42
3% $1,495.00
3.25% $1,619.58
3.5% $1,744.17
3.75% $1,868.75
4% $1,993.33
4.25% $2,117.92
4.5% $2,242.50
4.75% $2,367.08
5% $2,491.67
Interest Only Payment Table For a 598k Loan
Rate Payment
5.25% $2,616.25
5.5% $2,740.83
5.75% $2,865.42
6% $2,990.00
6.25% $3,114.58
6.5% $3,239.17
6.75% $3,363.75
7% $3,488.33
7.25% $3,612.92
7.5% $3,737.50
7.75% $3,862.08
8% $3,986.67
8.25% $4,111.25
8.5% $4,235.83
8.75% $4,360.42
9% $4,485.00
9.25% $4,609.58
9.5% $4,734.17
9.75% $4,858.75
10% $4,983.33