15 Year Amortization With 3 Year Balloon Payment Commercial Loan Calculator
Calculate a commercial loan with a 15 year amortization period with a balloon payment due after year 3.
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Determine the monthly payment and balloon payment for a commercial loan where the loan balance is paid off after 3 years.
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. Usually, the loan is refinanced when the balloon payment comes due.
Payment with balloon chart for 15 year amortization with 3 year balloon
4% Interest Monthly Payment Balloon Payment
100,000739.6984,485
200,0001,479.38168,969
300,0002,219.06253,454
400,0002,958.75337,939
500,0003,698.44422,424
600,0004,438.13506,908
700,0005,177.82591,393
800,0005,917.50675,878
900,0006,657.19760,363
1,000,0007,396.88844,847
1,250,0009,246.101,056,059
1,500,00011,095.321,267,271
1,750,00012,944.541,478,483
2,000,00014,793.761,689,695
2,500,00018,492.202,112,119
3,000,00022,190.642,534,542
3,500,00025,889.082,956,966
4,000,00029,587.523,379,390
4,500,00033,285.963,801,814
5,000,00036,984.404,224,237
6,000,00044,381.285,069,085
7,000,00051,778.155,913,932
8,000,00059,175.036,758,780
9,000,00066,571.917,603,627
10,000,00073,968.798,448,475
5% Interest Monthly Payment Balloon Payment
100,000790.7985,501
200,0001,581.59171,003
300,0002,372.38256,504
400,0003,163.17342,005
500,0003,953.97427,507
600,0004,744.76513,008
700,0005,535.56598,509
800,0006,326.35684,011
900,0007,117.14769,512
1,000,0007,907.94855,013
1,250,0009,884.921,068,767
1,500,00011,861.901,282,520
1,750,00013,838.891,496,273
2,000,00015,815.871,710,027
2,500,00019,769.842,137,533
3,000,00023,723.812,565,040
3,500,00027,677.782,992,547
4,000,00031,631.753,420,053
4,500,00035,585.713,847,560
5,000,00039,539.684,275,067
6,000,00047,447.625,130,080
7,000,00055,355.555,985,093
8,000,00063,263.496,840,107
9,000,00071,171.437,695,120
10,000,00079,079.368,550,133
6% Interest Monthly Payment Balloon Payment
100,000843.8686,474
200,0001,687.71172,948
300,0002,531.57259,422
400,0003,375.43345,896
500,0004,219.28432,370
600,0005,063.14518,844
700,0005,907.00605,318
800,0006,750.85691,792
900,0007,594.71778,266
1,000,0008,438.57864,740
1,250,00010,548.211,080,925
1,500,00012,657.851,297,110
1,750,00014,767.491,513,295
2,000,00016,877.141,729,480
2,500,00021,096.422,161,850
3,000,00025,315.702,594,220
3,500,00029,534.993,026,590
4,000,00033,754.273,458,960
4,500,00037,973.563,891,331
5,000,00042,192.844,323,701
6,000,00050,631.415,188,441
7,000,00059,069.986,053,181
8,000,00067,508.556,917,921
9,000,00075,947.117,782,661
10,000,00084,385.688,647,401
7% Interest Monthly Payment Balloon Payment
100,000898.8387,402
200,0001,797.66174,805
300,0002,696.48262,207
400,0003,595.31349,609
500,0004,494.14437,011
600,0005,392.97524,414
700,0006,291.80611,816
800,0007,190.63699,218
900,0008,089.45786,620
1,000,0008,988.28874,023
1,250,00011,235.351,092,528
1,500,00013,482.421,311,034
1,750,00015,729.491,529,539
2,000,00017,976.571,748,045
2,500,00022,470.712,185,056
3,000,00026,964.852,622,068
3,500,00031,458.993,059,079
4,000,00035,953.133,496,090
4,500,00040,447.273,933,101
5,000,00044,941.414,370,113
6,000,00053,929.705,244,135
7,000,00062,917.986,118,158
8,000,00071,906.266,992,180
9,000,00080,894.547,866,203
10,000,00089,882.838,740,226
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