824k Interest Only Loan Calculator

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Loan Payment Details
Monthly Payment
Loan Type
Interest Rate
What's the monthly payment on a 824,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
824,000 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 824,000 interest only loan.
Rate Monthly Payment
0.50% $4,120
1.00% $8,240
1.50% $12,360
2.00% $16,480
2.50% $20,600
3.00% $24,720
3.50% $28,840
4.00% $32,960
4.50% $37,080
5.00% $41,200
Rate Monthly Payment
5.50% $45,320
6.00% $49,440
6.50% $53,560
7.00% $57,680
7.50% $61,800
8.00% $65,920
8.50% $70,040
9.00% $74,160
9.50% $78,280
10.00% $82,400
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