716k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 716,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
716,000 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 716,000 interest only loan.
Rate Monthly Payment
0.50% $3,580
1.00% $7,160
1.50% $10,740
2.00% $14,320
2.50% $17,900
3.00% $21,480
3.50% $25,060
4.00% $28,640
4.50% $32,220
5.00% $35,800
Rate Monthly Payment
5.50% $39,380
6.00% $42,960
6.50% $46,540
7.00% $50,120
7.50% $53,700
8.00% $57,280
8.50% $60,860
9.00% $64,440
9.50% $68,020
10.00% $71,600
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