Calculate balloon payment for real estate investments and properties
Enter loan amount, interest rate, amortization period, and balloon payment due date. The calculator shows regular payments and the large balloon payment due at loan end.
A $400,000 loan with 5% interest, 30-year amortization but 7-year term results in a $320,851 balloon payment after 7 years.
A large lump sum due at the end of a loan term, when the loan is structured with lower regular payments that don't fully amortize the balance.
Lower monthly payments, useful if you plan to refinance or sell before the balloon is due, or expect a large payment (bonus, inheritance).
You'll need to refinance, sell the property, or potentially face foreclosure. Plan your exit strategy before taking a balloon loan.