What's the monthly payment on a 729,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
| 729,000 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 729,000 interest only loan.
| Rate |
Monthly Payment |
| 0.50% |
$3,645 |
| 1.00% |
$7,290 |
| 1.50% |
$10,935 |
| 2.00% |
$14,580 |
| 2.50% |
$18,225 |
| 3.00% |
$21,870 |
| 3.50% |
$25,515 |
| 4.00% |
$29,160 |
| 4.50% |
$32,805 |
| 5.00% |
$36,450 |
| Rate |
Monthly Payment |
| 5.50% |
$40,095 |
| 6.00% |
$43,740 |
| 6.50% |
$47,385 |
| 7.00% |
$51,030 |
| 7.50% |
$54,675 |
| 8.00% |
$58,320 |
| 8.50% |
$61,965 |
| 9.00% |
$65,610 |
| 9.50% |
$69,255 |
| 10.00% |
$72,900 |
More Loan Amounts
| $730,000 |
| $731,000 |
| $732,000 |
| $733,000 |
| $734,000 |
| $735,000 |
| $736,000 |
| $737,000 |
| $738,000 |
| $739,000 |
| $740,000 |
| $741,000 |
| $742,000 |
| $743,000 |
| $744,000 |
| $745,000 |
| $746,000 |
| $747,000 |
| $748,000 |
| $749,000 |
| $750,000 |
| $751,000 |
| $752,000 |
| $753,000 |
| $754,000 |
| $755,000 |
| $756,000 |
| $757,000 |
| $758,000 |
| $759,000 |