368k Interest Only Loan Calculator

$
%
Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 368,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
368,000 x Interest Rate (as a decimal) ÷ 12
An interest only loan just pays the interest so no principal is paid off. The loan typically has a specified term. When that term ends the loan must be repaid or refinanced.
View a table of monthly payments for a 368,000 interest only loan.
Rate Monthly Payment
0.50% $1,840
1.00% $3,680
1.50% $5,520
2.00% $7,360
2.50% $9,200
3.00% $11,040
3.50% $12,880
4.00% $14,720
4.50% $16,560
5.00% $18,400
Rate Monthly Payment
5.50% $20,240
6.00% $22,080
6.50% $23,920
7.00% $25,760
7.50% $27,600
8.00% $29,440
8.50% $31,280
9.00% $33,120
9.50% $34,960
10.00% $36,800
More Loan Amounts