$240,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $240,000 loan
$
%
Determine the monthly payment and balloon payment for a $240,000 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 240k loan with an amortization length of 25 years at 5% interest would have a payment of 1,403.02/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 $240,000 commercial loan.
$
%
20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,719233,592
2 Year Loan1,719226,790
3 Year Loan1,719219,567
4 Year Loan1,719211,900
5 Year Loan1,719203,759
7 Year Loan1,719185,940
10 Year Loan1,719154,875
15 Year Loan1,71988,939
20 Year Loan1,7190
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,546235,728
2 Year Loan1,546231,192
3 Year Loan1,546226,377
4 Year Loan1,546221,265
5 Year Loan1,546215,837
7 Year Loan1,546203,957
10 Year Loan1,546183,245
15 Year Loan1,546139,283
20 Year Loan1,54679,984
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,439237,053
2 Year Loan1,439233,924
3 Year Loan1,439230,602
4 Year Loan1,439227,075
5 Year Loan1,439223,330
7 Year Loan1,439215,135
10 Year Loan1,439200,846
15 Year Loan1,439170,517
20 Year Loan1,439129,609
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,321238,513
2 Year Loan1,321236,935
3 Year Loan1,321235,259
4 Year Loan1,321233,481
5 Year Loan1,321231,592
7 Year Loan1,321227,458
10 Year Loan1,321220,250
15 Year Loan1,321204,953
20 Year Loan1,321184,318
Browse by Loan Length
1 Year
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
10 Years
15 Years
20 Years
25 Years
30 Years
35 Years
40 Years
Favorite Resources