$320,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $320,000 loan
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Determine the monthly payment and balloon payment for a $320,000 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 320k loan with an amortization length of 25 years at 5% interest would have a payment of 1,870.69/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 $320,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,293311,457
2 Year Loan2,293302,386
3 Year Loan2,293292,757
4 Year Loan2,293282,533
5 Year Loan2,293271,679
7 Year Loan2,293247,921
10 Year Loan2,293206,501
15 Year Loan2,293118,585
20 Year Loan2,2930
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,062314,304
2 Year Loan2,062308,256
3 Year Loan2,062301,836
4 Year Loan2,062295,020
5 Year Loan2,062287,783
7 Year Loan2,062271,942
10 Year Loan2,062244,326
15 Year Loan2,062185,710
20 Year Loan2,062106,646
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,919316,070
2 Year Loan1,919311,898
3 Year Loan1,919307,469
4 Year Loan1,919302,767
5 Year Loan1,919297,774
7 Year Loan1,919286,846
10 Year Loan1,919267,794
15 Year Loan1,919227,356
20 Year Loan1,919172,811
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,761318,018
2 Year Loan1,761315,914
3 Year Loan1,761313,679
4 Year Loan1,761311,307
5 Year Loan1,761308,789
7 Year Loan1,761303,277
10 Year Loan1,761293,667
15 Year Loan1,761273,270
20 Year Loan1,761245,758
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