$230,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $230,000 loan
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Determine the monthly payment and balloon payment for a $230,000 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 230k loan with an amortization length of 25 years at 5% interest would have a payment of 1,344.56/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 $230,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,648223,859
2 Year Loan1,648217,340
3 Year Loan1,648210,419
4 Year Loan1,648203,071
5 Year Loan1,648195,269
7 Year Loan1,648178,193
10 Year Loan1,648148,422
15 Year Loan1,64885,233
20 Year Loan1,6480
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,482225,906
2 Year Loan1,482221,559
3 Year Loan1,482216,945
4 Year Loan1,482212,045
5 Year Loan1,482206,844
7 Year Loan1,482195,459
10 Year Loan1,482175,610
15 Year Loan1,482133,479
20 Year Loan1,48276,652
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,379227,176
2 Year Loan1,379224,177
3 Year Loan1,379220,993
4 Year Loan1,379217,613
5 Year Loan1,379214,025
7 Year Loan1,379206,171
10 Year Loan1,379192,477
15 Year Loan1,379163,412
20 Year Loan1,379124,208
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,265228,575
2 Year Loan1,265227,063
3 Year Loan1,265225,457
4 Year Loan1,265223,752
5 Year Loan1,265221,942
7 Year Loan1,265217,980
10 Year Loan1,265211,073
15 Year Loan1,265196,413
20 Year Loan1,265176,638
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