410k Interest Only Loan Calculator

$
%
Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 410,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
410,000 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 410,000 interest only loan.
Rate Monthly Payment
0.50% $2,050
1.00% $4,100
1.50% $6,150
2.00% $8,200
2.50% $10,250
3.00% $12,300
3.50% $14,350
4.00% $16,400
4.50% $18,450
5.00% $20,500
Rate Monthly Payment
5.50% $22,550
6.00% $24,600
6.50% $26,650
7.00% $28,700
7.50% $30,750
8.00% $32,800
8.50% $34,850
9.00% $36,900
9.50% $38,950
10.00% $41,000
More Loan Amounts