$280,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $280,000 loan
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Determine the monthly payment and balloon payment for a $280,000 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 280k loan with an amortization length of 25 years at 5% interest would have a payment of 1,636.85/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 $280,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,006272,525
2 Year Loan2,006264,588
3 Year Loan2,006256,162
4 Year Loan2,006247,216
5 Year Loan2,006237,719
7 Year Loan2,006216,930
10 Year Loan2,006180,688
15 Year Loan2,006103,762
20 Year Loan2,0060
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,804275,016
2 Year Loan1,804269,724
3 Year Loan1,804264,106
4 Year Loan1,804258,142
5 Year Loan1,804251,810
7 Year Loan1,804237,950
10 Year Loan1,804213,786
15 Year Loan1,804162,496
20 Year Loan1,80493,315
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,679276,562
2 Year Loan1,679272,911
3 Year Loan1,679269,035
4 Year Loan1,679264,921
5 Year Loan1,679260,552
7 Year Loan1,679250,990
10 Year Loan1,679234,320
15 Year Loan1,679198,937
20 Year Loan1,679151,210
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,541278,266
2 Year Loan1,541276,424
3 Year Loan1,541274,469
4 Year Loan1,541272,394
5 Year Loan1,541270,190
7 Year Loan1,541265,367
10 Year Loan1,541256,959
15 Year Loan1,541239,111
20 Year Loan1,541215,038
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