$6,000,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $6,000,000 loan
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Determine the monthly payment and balloon payment for a $6,000,000 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 6000k loan with an amortization length of 25 years at 5% interest would have a payment of 35,075.40/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 $6,000,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan42,9865,839,812
2 Year Loan42,9865,669,744
3 Year Loan42,9865,489,187
4 Year Loan42,9865,297,493
5 Year Loan42,9865,093,976
7 Year Loan42,9864,648,510
10 Year Loan42,9863,871,885
15 Year Loan42,9862,223,468
20 Year Loan42,9860
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan38,6585,893,198
2 Year Loan38,6585,779,808
3 Year Loan38,6585,659,425
4 Year Loan38,6585,531,616
5 Year Loan38,6585,395,925
7 Year Loan38,6585,098,919
10 Year Loan38,6584,581,119
15 Year Loan38,6583,482,067
20 Year Loan38,6581,999,611
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan35,9735,926,319
2 Year Loan35,9735,848,094
3 Year Loan35,9735,765,044
4 Year Loan35,9735,676,872
5 Year Loan35,9735,583,261
7 Year Loan35,9735,378,363
10 Year Loan35,9735,021,143
15 Year Loan35,9734,262,931
20 Year Loan35,9733,240,215
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan33,0135,962,835
2 Year Loan33,0135,923,378
3 Year Loan33,0135,881,487
4 Year Loan33,0135,837,013
5 Year Loan33,0135,789,796
7 Year Loan33,0135,686,444
10 Year Loan33,0135,506,261
15 Year Loan33,0135,123,816
20 Year Loan33,0134,607,955
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