Interest-only Mortgage Loan of $397,000 at 2.30%
What's the payment on a interest-only home loan for $397k at 2.30% interest?
Results
Monthly payment: $760.92
$9,131 per year
What's the monthly payment? Use the loan payment schedule below to view payments each month based on a fixed rate $397k loan. It can be used for a house, car, boat, credit card debt consolidation, student loan debt, motorcycle, RV, race horse, exotic pet, business, real estate, etc... Try paying off your loan early or refinancing to save money.
Also remember to consider other home costs like insurance, taxes, PMI, and general maintenance costs.