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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.

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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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More Loan Amounts

$825,000 |

$826,000 |

$827,000 |

$828,000 |

$829,000 |

$830,000 |

$831,000 |

$832,000 |

$833,000 |

$834,000 |

$835,000 |

$836,000 |

$837,000 |

$838,000 |

$839,000 |

$840,000 |

$841,000 |

$842,000 |

$843,000 |

$844,000 |

$845,000 |

$846,000 |

$847,000 |

$848,000 |

$849,000 |

$850,000 |

$851,000 |

$852,000 |

$853,000 |

$854,000 |