What's the monthly payment on a 925,000 interest only loan?
Take the annual interest rate, divide by 12, and then multiply by the loan amount.
| 925,000 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 925,000 interest only loan.
| Rate |
Monthly Payment |
| 0.50% |
$4,625 |
| 1.00% |
$9,250 |
| 1.50% |
$13,875 |
| 2.00% |
$18,500 |
| 2.50% |
$23,125 |
| 3.00% |
$27,750 |
| 3.50% |
$32,375 |
| 4.00% |
$37,000 |
| 4.50% |
$41,625 |
| 5.00% |
$46,250 |
| Rate |
Monthly Payment |
| 5.50% |
$50,875 |
| 6.00% |
$55,500 |
| 6.50% |
$60,125 |
| 7.00% |
$64,750 |
| 7.50% |
$69,375 |
| 8.00% |
$74,000 |
| 8.50% |
$78,625 |
| 9.00% |
$83,250 |
| 9.50% |
$87,875 |
| 10.00% |
$92,500 |
More Loan Amounts
| $926,000 |
| $927,000 |
| $928,000 |
| $929,000 |
| $930,000 |
| $931,000 |
| $932,000 |
| $933,000 |
| $934,000 |
| $935,000 |
| $936,000 |
| $937,000 |
| $938,000 |
| $939,000 |
| $940,000 |
| $941,000 |
| $942,000 |
| $943,000 |
| $944,000 |
| $945,000 |
| $946,000 |
| $947,000 |
| $948,000 |
| $949,000 |
| $950,000 |
| $951,000 |
| $952,000 |
| $953,000 |
| $954,000 |
| $955,000 |