802k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 802,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
802,000 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 802,000 interest only loan.
Rate Monthly Payment
0.50% $4,010
1.00% $8,020
1.50% $12,030
2.00% $16,040
2.50% $20,050
3.00% $24,060
3.50% $28,070
4.00% $32,080
4.50% $36,090
5.00% $40,100
Rate Monthly Payment
5.50% $44,110
6.00% $48,120
6.50% $52,130
7.00% $56,140
7.50% $60,150
8.00% $64,160
8.50% $68,170
9.00% $72,180
9.50% $76,190
10.00% $80,200
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