$310,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $310,000 loan
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Determine the monthly payment and balloon payment for a $310,000 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 310k loan with an amortization length of 25 years at 5% interest would have a payment of 1,812.23/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 $310,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,221301,724
2 Year Loan2,221292,937
3 Year Loan2,221283,608
4 Year Loan2,221273,704
5 Year Loan2,221263,189
7 Year Loan2,221240,173
10 Year Loan2,221200,047
15 Year Loan2,221114,879
20 Year Loan2,2210
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,997304,482
2 Year Loan1,997298,623
3 Year Loan1,997292,404
4 Year Loan1,997285,800
5 Year Loan1,997278,789
7 Year Loan1,997263,444
10 Year Loan1,997236,691
15 Year Loan1,997179,907
20 Year Loan1,997103,313
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,859306,193
2 Year Loan1,859302,152
3 Year Loan1,859297,861
4 Year Loan1,859293,305
5 Year Loan1,859288,469
7 Year Loan1,859277,882
10 Year Loan1,859259,426
15 Year Loan1,859220,251
20 Year Loan1,859167,411
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,706308,080
2 Year Loan1,706306,041
3 Year Loan1,706303,877
4 Year Loan1,706301,579
5 Year Loan1,706299,139
7 Year Loan1,706293,800
10 Year Loan1,706284,490
15 Year Loan1,706264,730
20 Year Loan1,706238,078
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