399k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 399,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
399,000 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 399,000 interest only loan.
Rate Monthly Payment
0.50% $1,995
1.00% $3,990
1.50% $5,985
2.00% $7,980
2.50% $9,975
3.00% $11,970
3.50% $13,965
4.00% $15,960
4.50% $17,955
5.00% $19,950
Rate Monthly Payment
5.50% $21,945
6.00% $23,940
6.50% $25,935
7.00% $27,930
7.50% $29,925
8.00% $31,920
8.50% $33,915
9.00% $35,910
9.50% $37,905
10.00% $39,900
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