$220,000 Commercial Loan With Balloon Payment at 25 Years

Monthly payment and balloon payment for a 220k commercial loan after 25 years
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Determine the monthly payment and balloon payment for a $220,000 loan where the loan balance is paid off after 25 years.
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. Usually, the loan is refinanced when the balloon payment comes due.

For example, a 220k loan with 5% interest and amortization set to interest only would have a payment of 917/month. However, the loan the remaining balance of 220,000 would need to be paid off or refinanced after 25 years.
Payment and balloon payment chart for a 220k commercial loan with a 25 year loan term.
220k at 4% Monthly Payment Balloon Payment
25 Year Amortization1,1610
30 Year Amortization1,05057,031
35 Year Amortization97496,212
40 Year Amortization919124,304
220k at 5% Monthly Payment Balloon Payment
25 Year Amortization1,2860
30 Year Amortization1,18162,582
35 Year Amortization1,110104,682
40 Year Amortization1,061134,148
220k at 6% Monthly Payment Balloon Payment
25 Year Amortization1,4170
30 Year Amortization1,31968,227
35 Year Amortization1,254112,990
40 Year Amortization1,210143,445
220k at 7% Monthly Payment Balloon Payment
25 Year Amortization1,5550
30 Year Amortization1,46473,918
35 Year Amortization1,405121,049
40 Year Amortization1,367152,103
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