714k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 714,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
714,000 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 714,000 interest only loan.
Rate Monthly Payment
0.50% $3,570
1.00% $7,140
1.50% $10,710
2.00% $14,280
2.50% $17,850
3.00% $21,420
3.50% $24,990
4.00% $28,560
4.50% $32,130
5.00% $35,700
Rate Monthly Payment
5.50% $39,270
6.00% $42,840
6.50% $46,410
7.00% $49,980
7.50% $53,550
8.00% $57,120
8.50% $60,690
9.00% $64,260
9.50% $67,830
10.00% $71,400
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