808k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 808,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
808,000 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 808,000 interest only loan.
Rate Monthly Payment
0.50% $4,040
1.00% $8,080
1.50% $12,120
2.00% $16,160
2.50% $20,200
3.00% $24,240
3.50% $28,280
4.00% $32,320
4.50% $36,360
5.00% $40,400
Rate Monthly Payment
5.50% $44,440
6.00% $48,480
6.50% $52,520
7.00% $56,560
7.50% $60,600
8.00% $64,640
8.50% $68,680
9.00% $72,720
9.50% $76,760
10.00% $80,800
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