$360,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $360,000 loan
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Determine the monthly payment and balloon payment for a $360,000 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 360k loan with an amortization length of 25 years at 5% interest would have a payment of 2,104.52/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 $360,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,579350,389
2 Year Loan2,579340,185
3 Year Loan2,579329,351
4 Year Loan2,579317,850
5 Year Loan2,579305,639
7 Year Loan2,579278,911
10 Year Loan2,579232,313
15 Year Loan2,579133,408
20 Year Loan2,5790
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,319353,592
2 Year Loan2,319346,788
3 Year Loan2,319339,565
4 Year Loan2,319331,897
5 Year Loan2,319323,756
7 Year Loan2,319305,935
10 Year Loan2,319274,867
15 Year Loan2,319208,924
20 Year Loan2,319119,977
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,158355,579
2 Year Loan2,158350,886
3 Year Loan2,158345,903
4 Year Loan2,158340,612
5 Year Loan2,158334,996
7 Year Loan2,158322,702
10 Year Loan2,158301,269
15 Year Loan2,158255,776
20 Year Loan2,158194,413
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan1,981357,770
2 Year Loan1,981355,403
3 Year Loan1,981352,889
4 Year Loan1,981350,221
5 Year Loan1,981347,388
7 Year Loan1,981341,187
10 Year Loan1,981330,376
15 Year Loan1,981307,429
20 Year Loan1,981276,477
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