Balloon Payment Calculator
Find your regular monthly payment and the lump-sum balloon payment due at the end of a balloon loan structure.
What is a balloon payment?
A balloon loan has regular monthly payments calculated as if the loan amortizes over a long period (like 30 years), but the entire remaining balance becomes due in one lump sum, the ‘balloon payment’, much earlier.
How this calculator works
Enter the loan amount, interest rate, the amortization period used to calculate the regular payment, and how many years until the balloon is due. The calculator computes your regular monthly payment based on the full amortization schedule, then determines the remaining loan balance at the balloon date, which is the amount due in the lump sum.
This is a general estimate for planning purposes. Actual loan terms and payment schedules are set by your lender.