Mortgage Calculator With Balloon Payment

Mortgage Calculator with Balloon Payment — complete guide

This mortgage calculator with balloon payment helps borrowers, investors, and advisors estimate periodic payments, remaining balance at a chosen balloon date, total interest, and overall loan cost. The calculator supports monthly, bi-weekly, and annual payment frequencies and allows you to specify a custom balloon amount or calculate the remaining principal automatically.

Why use this balloon mortgage calculator?

A balloon mortgage calculator is useful when you want lower regular payments combined with a final large lump-sum payment. Common use cases include short-term ownership plans, bridge financing, or commercial loans where a balloon can improve short-term cash flow.

Key features

• Periodic payment calculation (monthly / bi-weekly / annual)
• Calculated balloon or custom balloon input
• Full amortization schedule and CSV export (acts like an excel mortgage calculator with balloon payment)
• Interest calculations and total cost summary
• Accessible UI, dark mode, copy & download options

How the balloon is calculated

The tool computes periodic payments using the standard amortization formula and then calculates the outstanding principal at the chosen balloon date. If you provide a custom balloon amount, totals reflect that value. This also enables using the calculator as an interest-only mortgage calculator with balloon payment scenario by comparing interest-only spans to amortized payments.

Examples

Example 1 — Balloon mortgage: $300,000 principal, 4.0% APR, 30-year amortization, monthly payments, balloon due at year 5. Use the calculator to see the regular monthly payment and the remaining principal (balloon) at year 5.

Example 2 — Interest-only then balloon: Model an interest-only period followed by a balloon payment by entering the effective payment values and balloon due year to compare total cost and refinancing needs.

Related calculator types covered

This tool can be used as a mortgage amortization calculator with balloon payment, mortgage loan calculator with balloon payment, or a simple mortgage payoff calculator with balloon payment for planning payoff strategies.

Planning and risk management

Balloon loans require planning. Typical strategies include creating a sinking fund, planning refinancing ahead of the balloon, or scheduling a sale. If you are evaluating commercial mortgage calculator with balloon payment scenarios, include operating income and refinance assumptions in your planning.

FAQs

Can I download full amortization?

Yes — use the "Download Full Amortization CSV" button to get a schedule you can open in Excel or Google Sheets.

Does it work for adjustable-rate mortgages?

You can model multiple scenarios manually to simulate an adjustable rate mortgage calculator with balloon payment by adjusting rates across runs.

Can I use this as an Excel tool?

Yes — downloading the CSV creates an effective excel mortgage calculator with balloon payment for more detailed analysis.