707k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 707,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
707,000 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 707,000 interest only loan.
Rate Monthly Payment
0.50% $3,535
1.00% $7,070
1.50% $10,605
2.00% $14,140
2.50% $17,675
3.00% $21,210
3.50% $24,745
4.00% $28,280
4.50% $31,815
5.00% $35,350
Rate Monthly Payment
5.50% $38,885
6.00% $42,420
6.50% $45,955
7.00% $49,490
7.50% $53,025
8.00% $56,560
8.50% $60,095
9.00% $63,630
9.50% $67,165
10.00% $70,700
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