610k Interest Only Loan Calculator

$
%
Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 610,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
610,000 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 610,000 interest only loan.
Rate Monthly Payment
0.50% $3,050
1.00% $6,100
1.50% $9,150
2.00% $12,200
2.50% $15,250
3.00% $18,300
3.50% $21,350
4.00% $24,400
4.50% $27,450
5.00% $30,500
Rate Monthly Payment
5.50% $33,550
6.00% $36,600
6.50% $39,650
7.00% $42,700
7.50% $45,750
8.00% $48,800
8.50% $51,850
9.00% $54,900
9.50% $57,950
10.00% $61,000
More Loan Amounts