$3,000,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $3,000,000 loan
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Determine the monthly payment and balloon payment for a $3,000,000 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 3000k loan with an amortization length of 25 years at 5% interest would have a payment of 17,537.70/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 $3,000,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan21,4932,919,906
2 Year Loan21,4932,834,872
3 Year Loan21,4932,744,593
4 Year Loan21,4932,648,746
5 Year Loan21,4932,546,988
7 Year Loan21,4932,324,255
10 Year Loan21,4931,935,943
15 Year Loan21,4931,111,734
20 Year Loan21,4930
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan19,3292,946,599
2 Year Loan19,3292,889,904
3 Year Loan19,3292,829,712
4 Year Loan19,3292,765,808
5 Year Loan19,3292,697,963
7 Year Loan19,3292,549,460
10 Year Loan19,3292,290,559
15 Year Loan19,3291,741,034
20 Year Loan19,329999,806
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan17,9872,963,160
2 Year Loan17,9872,924,047
3 Year Loan17,9872,882,522
4 Year Loan17,9872,838,436
5 Year Loan17,9872,791,631
7 Year Loan17,9872,689,182
10 Year Loan17,9872,510,572
15 Year Loan17,9872,131,465
20 Year Loan17,9871,620,108
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan16,5062,981,418
2 Year Loan16,5062,961,689
3 Year Loan16,5062,940,744
4 Year Loan16,5062,918,507
5 Year Loan16,5062,894,898
7 Year Loan16,5062,843,222
10 Year Loan16,5062,753,131
15 Year Loan16,5062,561,908
20 Year Loan16,5062,303,977
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