$370,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $370,000 loan
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Determine the monthly payment and balloon payment for a $370,000 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 370k loan with an amortization length of 25 years at 5% interest would have a payment of 2,162.98/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 $370,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,651360,122
2 Year Loan2,651349,634
3 Year Loan2,651338,500
4 Year Loan2,651326,679
5 Year Loan2,651314,129
7 Year Loan2,651286,658
10 Year Loan2,651238,766
15 Year Loan2,651137,114
20 Year Loan2,6510
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,384363,414
2 Year Loan2,384356,421
3 Year Loan2,384348,998
4 Year Loan2,384341,116
5 Year Loan2,384332,749
7 Year Loan2,384314,433
10 Year Loan2,384282,502
15 Year Loan2,384214,727
20 Year Loan2,384123,309
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,218365,456
2 Year Loan2,218360,632
3 Year Loan2,218355,511
4 Year Loan2,218350,074
5 Year Loan2,218344,301
7 Year Loan2,218331,666
10 Year Loan2,218309,637
15 Year Loan2,218262,881
20 Year Loan2,218199,813
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,036367,708
2 Year Loan2,036365,275
3 Year Loan2,036362,692
4 Year Loan2,036359,949
5 Year Loan2,036357,037
7 Year Loan2,036350,664
10 Year Loan2,036339,553
15 Year Loan2,036315,969
20 Year Loan2,036284,157
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