$1,000,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $1,000,000 loan
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Determine the monthly payment and balloon payment for a $1,000,000 commercial loan.
The amortization length is the amount of time that the payment is set to and the loan length is for the amount of time until the balloon payment is due. This is a common way that commercial and business loans are structured.

For example, a 1000k loan with an amortization length of 25 years at 5% interest would have a payment of 5,845.90/month. However, if the loan length is less than 25 years, a balloon payment would need to be made for the remaining balance.
Payment and balloon payment chart for a $1,000,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan7,164973,302
2 Year Loan7,164944,957
3 Year Loan7,164914,864
4 Year Loan7,164882,915
5 Year Loan7,164848,996
7 Year Loan7,164774,752
10 Year Loan7,164645,314
15 Year Loan7,164370,578
20 Year Loan7,1640
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan6,443982,200
2 Year Loan6,443963,301
3 Year Loan6,443943,237
4 Year Loan6,443921,936
5 Year Loan6,443899,321
7 Year Loan6,443849,820
10 Year Loan6,443763,520
15 Year Loan6,443580,345
20 Year Loan6,443333,269
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan5,996987,720
2 Year Loan5,996974,682
3 Year Loan5,996960,841
4 Year Loan5,996946,145
5 Year Loan5,996930,544
7 Year Loan5,996896,394
10 Year Loan5,996836,857
15 Year Loan5,996710,488
20 Year Loan5,996540,036
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan5,502993,806
2 Year Loan5,502987,230
3 Year Loan5,502980,248
4 Year Loan5,502972,836
5 Year Loan5,502964,966
7 Year Loan5,502947,741
10 Year Loan5,502917,710
15 Year Loan5,502853,969
20 Year Loan5,502767,992
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