Balloon Loan
Enter the loan amount, rate, amortization term, and balloon term.
Balloon payment due
$0
Monthly payment: $0
Monthly payment
$0
Balloon payment
$0
Total paid over balloon term
$0
Total interest paid
$0
Principal paid down
$0
LTV at balloon maturity
0%
Worked example
With the default inputs shown below, this calculator returns the following results:
| Input | Value |
|---|---|
| Loan amount ($) | $300,000 |
| Interest rate (%) | 6% |
| Amortization term (years) | 30 |
| Balloon term (years) | 7 |
| Result | Value |
|---|---|
| Balloon payment due | $268,918 |
| Monthly payment | $1,799 |
| Balloon payment | $268,918 |
| Total paid over balloon term | $151,087 |
| Total interest paid | $120,005 |
| Principal paid down | $31,082 |
Values shown are produced by this page in your browser; change any input to update them.
How to use the Balloon Loan
- Loan amount ($) — default $300,000
- Interest rate (%) — default 6%
- Amortization term (years) — default 30
- Balloon term (years) — default 7
- Press Calculate to update the results instantly.