$340,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $340,000 loan
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Determine the monthly payment and balloon payment for a $340,000 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 340k loan with an amortization length of 25 years at 5% interest would have a payment of 1,987.61/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 $340,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,436330,923
2 Year Loan2,436321,285
3 Year Loan2,436311,054
4 Year Loan2,436300,191
5 Year Loan2,436288,659
7 Year Loan2,436263,416
10 Year Loan2,436219,407
15 Year Loan2,436125,997
20 Year Loan2,4360
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,191333,948
2 Year Loan2,191327,522
3 Year Loan2,191320,701
4 Year Loan2,191313,458
5 Year Loan2,191305,769
7 Year Loan2,191288,939
10 Year Loan2,191259,597
15 Year Loan2,191197,317
20 Year Loan2,191113,311
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,038335,825
2 Year Loan2,038331,392
3 Year Loan2,038326,686
4 Year Loan2,038321,689
5 Year Loan2,038316,385
7 Year Loan2,038304,774
10 Year Loan2,038284,531
15 Year Loan2,038241,566
20 Year Loan2,038183,612
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,871337,894
2 Year Loan1,871335,658
3 Year Loan1,871333,284
4 Year Loan1,871330,764
5 Year Loan1,871328,088
7 Year Loan1,871322,232
10 Year Loan1,871312,021
15 Year Loan1,871290,350
20 Year Loan1,871261,117
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