Business loan calculator with balloon
Free browser-based loan and savings estimates. The interactive calculator requires JavaScript; explanations and examples are available below.
Read the guideFree browser-based loan and savings estimates. The interactive calculator requires JavaScript; explanations and examples are available below.
Read the guideEnter starting principal, fixed annual rate, repayment term and any separately paid upfront fee. Without a balloon, the model amortizes the full balance through regular monthly installments. It is not an underwriting tool and does not estimate loan eligibility, collateral requirements or business cash-flow coverage.
An optional balloon is principal scheduled for a lump sum at the end of the term. The final payment includes any remaining balloon as well as that month’s installment. A smaller regular installment can therefore coexist with a substantial final obligation. Check the last schedule row rather than budgeting only for the monthly headline number.
Extra principal can reduce interest and the final balloon without necessarily changing the payoff month. The model does not forecast refinancing to pay that balloon. It also excludes SBA-specific fees and rules, merchant cash advances, factor-rate products, daily or weekly payment contracts and variable-rate loans. Compare the calculator inputs with the actual loan agreement before using the result for planning.
For a hypothetical $100,000.00 balance at 9% over 60 months, the modeled first debt payment is $2,075.84 and total interest is $24,550.13, with an additional $1,000.00 separately paid fee and no balloon in this example. No extra payment is included.
These example rates are not current market quotes. Change the calculator inputs to match your own scenario. Displayed amounts are rounded; calculations use unrounded values.
Yes. They can reduce the final balloon principal even when the payoff month stays the same.
No. It supports fixed-rate monthly installments and an optional end-of-term principal balloon.
Read our calculation methodology and limitations before relying on an estimate.
Educational estimates, not financial advice, loan offers or guaranteed returns.