What's the monthly payment on a 750,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
| 750,000 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 750,000 interest only loan.
| Rate |
Monthly Payment |
| 0.50% |
$3,750 |
| 1.00% |
$7,500 |
| 1.50% |
$11,250 |
| 2.00% |
$15,000 |
| 2.50% |
$18,750 |
| 3.00% |
$22,500 |
| 3.50% |
$26,250 |
| 4.00% |
$30,000 |
| 4.50% |
$33,750 |
| 5.00% |
$37,500 |
| Rate |
Monthly Payment |
| 5.50% |
$41,250 |
| 6.00% |
$45,000 |
| 6.50% |
$48,750 |
| 7.00% |
$52,500 |
| 7.50% |
$56,250 |
| 8.00% |
$60,000 |
| 8.50% |
$63,750 |
| 9.00% |
$67,500 |
| 9.50% |
$71,250 |
| 10.00% |
$75,000 |
More Loan Amounts
| $751,000 |
| $752,000 |
| $753,000 |
| $754,000 |
| $755,000 |
| $756,000 |
| $757,000 |
| $758,000 |
| $759,000 |
| $760,000 |
| $761,000 |
| $762,000 |
| $763,000 |
| $764,000 |
| $765,000 |
| $766,000 |
| $767,000 |
| $768,000 |
| $769,000 |
| $770,000 |
| $771,000 |
| $772,000 |
| $773,000 |
| $774,000 |
| $775,000 |
| $776,000 |
| $777,000 |
| $778,000 |
| $779,000 |
| $780,000 |