381k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 381,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
381,000 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 381,000 interest only loan.
Rate Monthly Payment
0.50% $1,905
1.00% $3,810
1.50% $5,715
2.00% $7,620
2.50% $9,525
3.00% $11,430
3.50% $13,335
4.00% $15,240
4.50% $17,145
5.00% $19,050
Rate Monthly Payment
5.50% $20,955
6.00% $22,860
6.50% $24,765
7.00% $26,670
7.50% $28,575
8.00% $30,480
8.50% $32,385
9.00% $34,290
9.50% $36,195
10.00% $38,100
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