377k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 377,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
377,000 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 377,000 interest only loan.
Rate Monthly Payment
0.50% $1,885
1.00% $3,770
1.50% $5,655
2.00% $7,540
2.50% $9,425
3.00% $11,310
3.50% $13,195
4.00% $15,080
4.50% $16,965
5.00% $18,850
Rate Monthly Payment
5.50% $20,735
6.00% $22,620
6.50% $24,505
7.00% $26,390
7.50% $28,275
8.00% $30,160
8.50% $32,045
9.00% $33,930
9.50% $35,815
10.00% $37,700
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