796k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 796,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
796,000 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 796,000 interest only loan.
Rate Monthly Payment
0.50% $3,980
1.00% $7,960
1.50% $11,940
2.00% $15,920
2.50% $19,900
3.00% $23,880
3.50% $27,860
4.00% $31,840
4.50% $35,820
5.00% $39,800
Rate Monthly Payment
5.50% $43,780
6.00% $47,760
6.50% $51,740
7.00% $55,720
7.50% $59,700
8.00% $63,680
8.50% $67,660
9.00% $71,640
9.50% $75,620
10.00% $79,600
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