803k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 803,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
803,000 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 803,000 interest only loan.
Rate Monthly Payment
0.50% $4,015
1.00% $8,030
1.50% $12,045
2.00% $16,060
2.50% $20,075
3.00% $24,090
3.50% $28,105
4.00% $32,120
4.50% $36,135
5.00% $40,150
Rate Monthly Payment
5.50% $44,165
6.00% $48,180
6.50% $52,195
7.00% $56,210
7.50% $60,225
8.00% $64,240
8.50% $68,255
9.00% $72,270
9.50% $76,285
10.00% $80,300
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