$675,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $675,000 loan
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Determine the monthly payment and balloon payment for a $675,000 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 675k loan with an amortization length of 25 years at 5% interest would have a payment of 3,945.98/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 $675,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan4,836656,979
2 Year Loan4,836637,846
3 Year Loan4,836617,534
4 Year Loan4,836595,968
5 Year Loan4,836573,072
7 Year Loan4,836522,957
10 Year Loan4,836435,587
15 Year Loan4,836250,140
20 Year Loan4,8360
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan4,349662,985
2 Year Loan4,349650,228
3 Year Loan4,349636,685
4 Year Loan4,349622,307
5 Year Loan4,349607,042
7 Year Loan4,349573,628
10 Year Loan4,349515,376
15 Year Loan4,349391,733
20 Year Loan4,349224,956
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan4,047666,711
2 Year Loan4,047657,911
3 Year Loan4,047648,567
4 Year Loan4,047638,648
5 Year Loan4,047628,117
7 Year Loan4,047605,066
10 Year Loan4,047564,879
15 Year Loan4,047479,580
20 Year Loan4,047364,524
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan3,714670,819
2 Year Loan3,714666,380
3 Year Loan3,714661,667
4 Year Loan3,714656,664
5 Year Loan3,714651,352
7 Year Loan3,714639,725
10 Year Loan3,714619,454
15 Year Loan3,714576,429
20 Year Loan3,714518,395
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