$30,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $30,000 loan
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Determine the monthly payment and balloon payment for a $30,000 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 30k loan with an amortization length of 25 years at 5% interest would have a payment of 175.38/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 $30,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan21529,199
2 Year Loan21528,349
3 Year Loan21527,446
4 Year Loan21526,487
5 Year Loan21525,470
7 Year Loan21523,243
10 Year Loan21519,359
15 Year Loan21511,117
20 Year Loan2150
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan19329,466
2 Year Loan19328,899
3 Year Loan19328,297
4 Year Loan19327,658
5 Year Loan19326,980
7 Year Loan19325,495
10 Year Loan19322,906
15 Year Loan19317,410
20 Year Loan1939,998
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan18029,632
2 Year Loan18029,240
3 Year Loan18028,825
4 Year Loan18028,384
5 Year Loan18027,916
7 Year Loan18026,892
10 Year Loan18025,106
15 Year Loan18021,315
20 Year Loan18016,201
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan16529,814
2 Year Loan16529,617
3 Year Loan16529,407
4 Year Loan16529,185
5 Year Loan16528,949
7 Year Loan16528,432
10 Year Loan16527,531
15 Year Loan16525,619
20 Year Loan16523,040
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