386k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 386,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
386,000 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 386,000 interest only loan.
Rate Monthly Payment
0.50% $1,930
1.00% $3,860
1.50% $5,790
2.00% $7,720
2.50% $9,650
3.00% $11,580
3.50% $13,510
4.00% $15,440
4.50% $17,370
5.00% $19,300
Rate Monthly Payment
5.50% $21,230
6.00% $23,160
6.50% $25,090
7.00% $27,020
7.50% $28,950
8.00% $30,880
8.50% $32,810
9.00% $34,740
9.50% $36,670
10.00% $38,600
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