Balloon Loan Calculator

Balloon Loan Calculator helps calculating the payment schedule of a Ballon Loan

A balloon loan is a type of loan that does not fully amortize over its term. Since it is not fully amortized, a balloon payment is required at the end of the term to repay the remaining principal balance of the loan. Balloon loans can be attractive to short-term borrowers because they typically carry lower interest rates than loans with longer terms; however, the borrower must be aware of refinancing risks as there's there's a risk the loan may reset at a higher interest rate.




Contact Form

Do you have questions or comments for us? We'd love to hear them! Fill out the form and one of the calculators team will get back to you as soon as possible.