804k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 804,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
804,000 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 804,000 interest only loan.
Rate Monthly Payment
0.50% $4,020
1.00% $8,040
1.50% $12,060
2.00% $16,080
2.50% $20,100
3.00% $24,120
3.50% $28,140
4.00% $32,160
4.50% $36,180
5.00% $40,200
Rate Monthly Payment
5.50% $44,220
6.00% $48,240
6.50% $52,260
7.00% $56,280
7.50% $60,300
8.00% $64,320
8.50% $68,340
9.00% $72,360
9.50% $76,380
10.00% $80,400
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