$602,000 Interest Only Loan Payment Calculator

What's the monthly payment of a 602k interest only loan?
$
$
%

Use this calculator to determine the monthly payment of a $602,000 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 602k Loan
Rate Payment
0.25% $125.42
0.5% $250.83
0.75% $376.25
1% $501.67
1.25% $627.08
1.5% $752.50
1.75% $877.92
2% $1,003.33
2.25% $1,128.75
2.5% $1,254.17
2.75% $1,379.58
3% $1,505.00
3.25% $1,630.42
3.5% $1,755.83
3.75% $1,881.25
4% $2,006.67
4.25% $2,132.08
4.5% $2,257.50
4.75% $2,382.92
5% $2,508.33
Interest Only Payment Table For a 602k Loan
Rate Payment
5.25% $2,633.75
5.5% $2,759.17
5.75% $2,884.58
6% $3,010.00
6.25% $3,135.42
6.5% $3,260.83
6.75% $3,386.25
7% $3,511.67
7.25% $3,637.08
7.5% $3,762.50
7.75% $3,887.92
8% $4,013.33
8.25% $4,138.75
8.5% $4,264.17
8.75% $4,389.58
9% $4,515.00
9.25% $4,640.42
9.5% $4,765.83
9.75% $4,891.25
10% $5,016.67