$60,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $60,000 loan
$
%
Determine the monthly payment and balloon payment for a $60,000 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 60k loan with an amortization length of 25 years at 5% interest would have a payment of 350.75/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 $60,000 commercial loan.
$
%
20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan43058,398
2 Year Loan43056,697
3 Year Loan43054,892
4 Year Loan43052,975
5 Year Loan43050,940
7 Year Loan43046,485
10 Year Loan43038,719
15 Year Loan43022,235
20 Year Loan4300
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan38758,932
2 Year Loan38757,798
3 Year Loan38756,594
4 Year Loan38755,316
5 Year Loan38753,959
7 Year Loan38750,989
10 Year Loan38745,811
15 Year Loan38734,821
20 Year Loan38719,996
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan36059,263
2 Year Loan36058,481
3 Year Loan36057,650
4 Year Loan36056,769
5 Year Loan36055,833
7 Year Loan36053,784
10 Year Loan36050,211
15 Year Loan36042,629
20 Year Loan36032,402
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan33059,628
2 Year Loan33059,234
3 Year Loan33058,815
4 Year Loan33058,370
5 Year Loan33057,898
7 Year Loan33056,864
10 Year Loan33055,063
15 Year Loan33051,238
20 Year Loan33046,080
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