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Loan & Mortgage Calculators

Balloon Payment Calculator

Monthly payment and final balloon amount for a loan amortized over a long period but due after a shorter term.

Enter values

Results update as you type.

Result

Balloon payment

$91,147.41

Monthly payment
$665.30
Total paid
$147,032.82
Total interest
$47,032.82

About the Balloon Payment Calculator

Monthly payment and final balloon amount for a loan amortized over a long period but due after a shorter term.

Also known as: balloon loan, balloon mortgage, final lump sum payment.

How to use this calculator

  1. Enter loan amount, interest rate, amortization period, balloon due after.
  2. The result updates instantly as you type — press Calculate (or Enter) at any time.
  3. Review the breakdown shown under the main result.
  4. Use Copy result or Share to save the answer or send a link with your inputs.

Formula

Balloon = P(1 + r)ᵏ − PMT·((1 + r)ᵏ − 1)/r

Worked example

Using the values pre-filled in the calculator above:

  • Loan amount = 100,000
  • Interest rate = 7 %
  • Amortization period = 30 years
  • Balloon due after = 7 years

the calculator returns:

  • Balloon payment: 91,147.41
  • Monthly payment: 665.3
  • Total paid: 147,032.82
  • Total interest: 47,032.82