$600,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $600,000 loan
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Determine the monthly payment and balloon payment for a $600,000 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 600k loan with an amortization length of 25 years at 5% interest would have a payment of 3,507.54/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 $600,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan4,299583,981
2 Year Loan4,299566,974
3 Year Loan4,299548,919
4 Year Loan4,299529,749
5 Year Loan4,299509,398
7 Year Loan4,299464,851
10 Year Loan4,299387,189
15 Year Loan4,299222,347
20 Year Loan4,2990
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan3,866589,320
2 Year Loan3,866577,981
3 Year Loan3,866565,942
4 Year Loan3,866553,162
5 Year Loan3,866539,593
7 Year Loan3,866509,892
10 Year Loan3,866458,112
15 Year Loan3,866348,207
20 Year Loan3,866199,961
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan3,597592,632
2 Year Loan3,597584,809
3 Year Loan3,597576,504
4 Year Loan3,597567,687
5 Year Loan3,597558,326
7 Year Loan3,597537,836
10 Year Loan3,597502,114
15 Year Loan3,597426,293
20 Year Loan3,597324,022
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan3,301596,284
2 Year Loan3,301592,338
3 Year Loan3,301588,149
4 Year Loan3,301583,701
5 Year Loan3,301578,980
7 Year Loan3,301568,644
10 Year Loan3,301550,626
15 Year Loan3,301512,382
20 Year Loan3,301460,795
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