594k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 594,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
594,000 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 594,000 interest only loan.
Rate Monthly Payment
0.50% $2,970
1.00% $5,940
1.50% $8,910
2.00% $11,880
2.50% $14,850
3.00% $17,820
3.50% $20,790
4.00% $23,760
4.50% $26,730
5.00% $29,700
Rate Monthly Payment
5.50% $32,670
6.00% $35,640
6.50% $38,610
7.00% $41,580
7.50% $44,550
8.00% $47,520
8.50% $50,490
9.00% $53,460
9.50% $56,430
10.00% $59,400
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