$950,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $950,000 loan
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Determine the monthly payment and balloon payment for a $950,000 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 950k loan with an amortization length of 25 years at 5% interest would have a payment of 5,553.61/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 $950,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan6,806924,637
2 Year Loan6,806897,709
3 Year Loan6,806869,121
4 Year Loan6,806838,770
5 Year Loan6,806806,546
7 Year Loan6,806736,014
10 Year Loan6,806613,048
15 Year Loan6,806352,049
20 Year Loan6,8060
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan6,121933,090
2 Year Loan6,121915,136
3 Year Loan6,121896,076
4 Year Loan6,121875,839
5 Year Loan6,121854,355
7 Year Loan6,121807,329
10 Year Loan6,121725,344
15 Year Loan6,121551,327
20 Year Loan6,121316,605
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan5,696938,334
2 Year Loan5,696925,948
3 Year Loan5,696912,799
4 Year Loan5,696898,838
5 Year Loan5,696884,016
7 Year Loan5,696851,574
10 Year Loan5,696795,014
15 Year Loan5,696674,964
20 Year Loan5,696513,034
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan5,227944,116
2 Year Loan5,227937,868
3 Year Loan5,227931,236
4 Year Loan5,227924,194
5 Year Loan5,227916,718
7 Year Loan5,227900,354
10 Year Loan5,227871,825
15 Year Loan5,227811,271
20 Year Loan5,227729,593
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