421k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 421,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
421,000 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 421,000 interest only loan.
Rate Monthly Payment
0.50% $2,105
1.00% $4,210
1.50% $6,315
2.00% $8,420
2.50% $10,525
3.00% $12,630
3.50% $14,735
4.00% $16,840
4.50% $18,945
5.00% $21,050
Rate Monthly Payment
5.50% $23,155
6.00% $25,260
6.50% $27,365
7.00% $29,470
7.50% $31,575
8.00% $33,680
8.50% $35,785
9.00% $37,890
9.50% $39,995
10.00% $42,100
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