$490,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $490,000 loan
$
%
Determine the monthly payment and balloon payment for a $490,000 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 490k loan with an amortization length of 25 years at 5% interest would have a payment of 2,864.49/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 $490,000 commercial loan.
$
%
20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan3,511476,918
2 Year Loan3,511463,029
3 Year Loan3,511448,284
4 Year Loan3,511432,629
5 Year Loan3,511416,008
7 Year Loan3,511379,628
10 Year Loan3,511316,204
15 Year Loan3,511181,583
20 Year Loan3,5110
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan3,157481,278
2 Year Loan3,157472,018
3 Year Loan3,157462,186
4 Year Loan3,157451,749
5 Year Loan3,157440,667
7 Year Loan3,157416,412
10 Year Loan3,157374,125
15 Year Loan3,157284,369
20 Year Loan3,157163,302
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,938483,983
2 Year Loan2,938477,594
3 Year Loan2,938470,812
4 Year Loan2,938463,611
5 Year Loan2,938455,966
7 Year Loan2,938439,233
10 Year Loan2,938410,060
15 Year Loan2,938348,139
20 Year Loan2,938264,618
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan2,696486,965
2 Year Loan2,696483,743
3 Year Loan2,696480,321
4 Year Loan2,696476,689
5 Year Loan2,696472,833
7 Year Loan2,696464,393
10 Year Loan2,696449,678
15 Year Loan2,696418,445
20 Year Loan2,696376,316
Browse by Loan Length
1 Year
2 Years
3 Years
4 Years
5 Years
6 Years
7 Years
10 Years
15 Years
20 Years
25 Years
30 Years
35 Years
40 Years
Favorite Resources