$1,500,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $1,500,000 loan
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Determine the monthly payment and balloon payment for a $1,500,000 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 1500k loan with an amortization length of 25 years at 5% interest would have a payment of 8,768.85/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 $1,500,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan10,7461,459,953
2 Year Loan10,7461,417,436
3 Year Loan10,7461,372,297
4 Year Loan10,7461,324,373
5 Year Loan10,7461,273,494
7 Year Loan10,7461,162,128
10 Year Loan10,746967,971
15 Year Loan10,746555,867
20 Year Loan10,7460
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan9,6651,473,299
2 Year Loan9,6651,444,952
3 Year Loan9,6651,414,856
4 Year Loan9,6651,382,904
5 Year Loan9,6651,348,981
7 Year Loan9,6651,274,730
10 Year Loan9,6651,145,280
15 Year Loan9,665870,517
20 Year Loan9,665499,903
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan8,9931,481,580
2 Year Loan8,9931,462,024
3 Year Loan8,9931,441,261
4 Year Loan8,9931,419,218
5 Year Loan8,9931,395,815
7 Year Loan8,9931,344,591
10 Year Loan8,9931,255,286
15 Year Loan8,9931,065,733
20 Year Loan8,993810,054
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan8,2531,490,709
2 Year Loan8,2531,480,845
3 Year Loan8,2531,470,372
4 Year Loan8,2531,459,253
5 Year Loan8,2531,447,449
7 Year Loan8,2531,421,611
10 Year Loan8,2531,376,565
15 Year Loan8,2531,280,954
20 Year Loan8,2531,151,989
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