Home Loan Example
Loan Amount: 200,000 USD; Annual Interest Rate: 4.5 %; Loan Term (Years): 30 years; Monthly Payment: 1,013.37 USD
Number of Payments: 360 payments; Monthly Interest Rate: 0.00375; Balloon Payment: 0.470554971 USD
Balloon Payment Calculator
Finance0.0(0)
Calculates the balloon payment due at the end of a loan term. A balloon payment is a lump sum payment due at the end of a loan.
More tools:Finance Calculators
How To Use
How to use this calculator
Start with your values, or try a preset.
Step 1
Enter Loan Amount, Annual Interest Rate, Loan Term (Years), and Monthly Payment in the units shown.
Step 2
Read Number of Payments, Monthly Interest Rate, and Balloon Payment in the results panel. Results update as you change the inputs.
Step 3
Choose a preset to load an example, then adjust the values for your situation.
Worked Examples
Example calculations
See the inputs and their calculated results.
Car Loan Example
Loan Amount: 30,000 USD; Annual Interest Rate: 6 %; Loan Term (Years): 5 years; Monthly Payment: 579.33 USD
Number of Payments: 60 payments; Monthly Interest Rate: 0.005; Balloon Payment: 45.6328012 USD
Small Business Loan
Loan Amount: 50,000 USD; Annual Interest Rate: 8 %; Loan Term (Years): 7 years; Monthly Payment: 797.85 USD
Number of Payments: 84 payments; Monthly Interest Rate: 0.006666666667; Balloon Payment: -2,078.499988 USD
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Important
Treat this output as a planning estimate and confirm rates, tax rules, and contract terms before making financial decisions.