Financial Calculator
Balloon Balance Calculator
Calculate the remaining balance due at the end of a balloon loan period.
Loan Details
Enter your balloon loan information
Results
Enter loan details and click calculate to see results
About Balloon Loans
A balloon loan has a term shorter than its amortization period, resulting in a large final payment.
For example, a 5/15 balloon means the loan is amortized over 15 years but the remaining balance is due after 5 years.
Note: The balloon balance is due after the final regular payment is made.
Example
A $100,000 loan with 6% annual interest, amortized over 15 years but due after 5 years (5/15 balloon):
- • Monthly Payment: $843.86
- • Balloon Balance after 5 years: $76,008.88
- • Total payments made: 60 monthly payments