$975,000 Commercial Loan Amortization with Balloon Payment Calculator

Calculate the monthly payment and balloon payment for a $975,000 loan
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Determine the monthly payment and balloon payment for a $975,000 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 975k loan with an amortization length of 25 years at 5% interest would have a payment of 5,699.75/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 $975,000 commercial loan.
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20 Year Amortization Monthly Payment Balloon Payment
1 Year Loan6,985948,969
2 Year Loan6,985921,333
3 Year Loan6,985891,993
4 Year Loan6,985860,843
5 Year Loan6,985827,771
7 Year Loan6,985755,383
10 Year Loan6,985629,181
15 Year Loan6,985361,314
20 Year Loan6,9850
25 Year Amortization Monthly Payment Balloon Payment
1 Year Loan6,282957,645
2 Year Loan6,282939,219
3 Year Loan6,282919,657
4 Year Loan6,282898,888
5 Year Loan6,282876,838
7 Year Loan6,282828,574
10 Year Loan6,282744,432
15 Year Loan6,282565,836
20 Year Loan6,282324,937
30 Year Amortization Monthly Payment Balloon Payment
1 Year Loan5,846963,027
2 Year Loan5,846950,315
3 Year Loan5,846936,820
4 Year Loan5,846922,492
5 Year Loan5,846907,280
7 Year Loan5,846873,984
10 Year Loan5,846815,936
15 Year Loan5,846692,726
20 Year Loan5,846526,535
40 Year Amortization Monthly Payment Balloon Payment
1 Year Loan5,365968,961
2 Year Loan5,365962,549
3 Year Loan5,365955,742
4 Year Loan5,365948,515
5 Year Loan5,365940,842
7 Year Loan5,365924,047
10 Year Loan5,365894,767
15 Year Loan5,365832,620
20 Year Loan5,365748,793
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