mortgage calculator
Compare Today's Home Equity Rates

Commercial Mortgage Calculator

Commercial Mortgage Calculator excel with balloon payment and amortization to calculate monthly mortgage payments for commercial real estate properties. The commercial loan calculator comes with an amortization schedule that is printable and exportable to excel. The commercial property mortgage calculator gives you all the necessary information such as the total payment, interest, and principal paid as well as the monthly payment breakdown.

Commercial Loan Calculator

Mortgage Amount
Loan Terms
years
Interest Rate
Balloon Payment Due
years
First Payment Date
Amortization Schedule
Show By Month Year


Commercial Mortgage Calculator Results

Monthly Principal:
$360.46
Monthly Interest:
$1,250.00
Monthly Payment:
$1,610.46
Balloon payment:
$275,486.20

Commercial Mortgage Amortization Schedule

Payment Date Payment # Interest Paid Principal Paid Total Payment Remaining Balance
Mar, 2024 1 $1,250.00 $360.46 $1,610.46 $299,639.54
Apr, 2024 2 $1,248.50 $361.97 $1,610.46 $299,277.57
May, 2024 3 $1,246.99 $363.48 $1,610.46 $298,914.09
Jun, 2024 4 $1,245.48 $364.99 $1,610.46 $298,549.10
Jul, 2024 5 $1,243.95 $366.51 $1,610.46 $298,182.59
Aug, 2024 6 $1,242.43 $368.04 $1,610.46 $297,814.56
Sep, 2024 7 $1,240.89 $369.57 $1,610.46 $297,444.99
Oct, 2024 8 $1,239.35 $371.11 $1,610.46 $297,073.87
Nov, 2024 9 $1,237.81 $372.66 $1,610.46 $296,701.22
Dec, 2024 10 $1,236.26 $374.21 $1,610.46 $296,327.01
Jan, 2025 11 $1,234.70 $375.77 $1,610.46 $295,951.24
Feb, 2025 12 $1,233.13 $377.33 $1,610.46 $295,573.90
Mar, 2025 13 $1,231.56 $378.91 $1,610.46 $295,195.00
Apr, 2025 14 $1,229.98 $380.49 $1,610.46 $294,814.51
May, 2025 15 $1,228.39 $382.07 $1,610.46 $294,432.44
Jun, 2025 16 $1,226.80 $383.66 $1,610.46 $294,048.78
Jul, 2025 17 $1,225.20 $385.26 $1,610.46 $293,663.52
Aug, 2025 18 $1,223.60 $386.87 $1,610.46 $293,276.65
Sep, 2025 19 $1,221.99 $388.48 $1,610.46 $292,888.17
Oct, 2025 20 $1,220.37 $390.10 $1,610.46 $292,498.07
Nov, 2025 21 $1,218.74 $391.72 $1,610.46 $292,106.35
Dec, 2025 22 $1,217.11 $393.36 $1,610.46 $291,712.99
Jan, 2026 23 $1,215.47 $394.99 $1,610.46 $291,318.00
Feb, 2026 24 $1,213.83 $396.64 $1,610.46 $290,921.36
Mar, 2026 25 $1,212.17 $398.29 $1,610.46 $290,523.07
Apr, 2026 26 $1,210.51 $399.95 $1,610.46 $290,123.12
May, 2026 27 $1,208.85 $401.62 $1,610.46 $289,721.50
Jun, 2026 28 $1,207.17 $403.29 $1,610.46 $289,318.21
Jul, 2026 29 $1,205.49 $404.97 $1,610.46 $288,913.23
Aug, 2026 30 $1,203.81 $406.66 $1,610.46 $288,506.57
Sep, 2026 31 $1,202.11 $408.35 $1,610.46 $288,098.22
Oct, 2026 32 $1,200.41 $410.06 $1,610.46 $287,688.16
Nov, 2026 33 $1,198.70 $411.76 $1,610.46 $287,276.40
Dec, 2026 34 $1,196.98 $413.48 $1,610.46 $286,862.92
Jan, 2027 35 $1,195.26 $415.20 $1,610.46 $286,447.72
Feb, 2027 36 $1,193.53 $416.93 $1,610.46 $286,030.78
Mar, 2027 37 $1,191.79 $418.67 $1,610.46 $285,612.11
Apr, 2027 38 $1,190.05 $420.41 $1,610.46 $285,191.70
May, 2027 39 $1,188.30 $422.17 $1,610.46 $284,769.53
Jun, 2027 40 $1,186.54 $423.93 $1,610.46 $284,345.61
Jul, 2027 41 $1,184.77 $425.69 $1,610.46 $283,919.92
Aug, 2027 42 $1,183.00 $427.47 $1,610.46 $283,492.45
Sep, 2027 43 $1,181.22 $429.25 $1,610.46 $283,063.21
Oct, 2027 44 $1,179.43 $431.03 $1,610.46 $282,632.17
Nov, 2027 45 $1,177.63 $432.83 $1,610.46 $282,199.34
Dec, 2027 46 $1,175.83 $434.63 $1,610.46 $281,764.71
Jan, 2028 47 $1,174.02 $436.45 $1,610.46 $281,328.26
Feb, 2028 48 $1,172.20 $438.26 $1,610.46 $280,890.00
Mar, 2028 49 $1,170.37 $440.09 $1,610.46 $280,449.91
Apr, 2028 50 $1,168.54 $441.92 $1,610.46 $280,007.98
May, 2028 51 $1,166.70 $443.76 $1,610.46 $279,564.22
Jun, 2028 52 $1,164.85 $445.61 $1,610.46 $279,118.60
Jul, 2028 53 $1,162.99 $447.47 $1,610.46 $278,671.13
Aug, 2028 54 $1,161.13 $449.34 $1,610.46 $278,221.80
Sep, 2028 55 $1,159.26 $451.21 $1,610.46 $277,770.59
Oct, 2028 56 $1,157.38 $453.09 $1,610.46 $277,317.50
Nov, 2028 57 $1,155.49 $454.98 $1,610.46 $276,862.53
Dec, 2028 58 $1,153.59 $456.87 $1,610.46 $276,405.66
Jan, 2029 59 $1,151.69 $458.77 $1,610.46 $275,946.88
Feb, 2029 60 $1,149.78 $460.69 $1,610.46 $275,486.20
Mar, 2029 61 $1,147.86 $462.61 $1,610.46 $275,023.59
Apr, 2029 62 $1,145.93 $464.53 $1,610.46 $274,559.06
May, 2029 63 $1,144.00 $466.47 $1,610.46 $274,092.59
Jun, 2029 64 $1,142.05 $468.41 $1,610.46 $273,624.18
Jul, 2029 65 $1,140.10 $470.36 $1,610.46 $273,153.81
Aug, 2029 66 $1,138.14 $472.32 $1,610.46 $272,681.49
Sep, 2029 67 $1,136.17 $474.29 $1,610.46 $272,207.20
Oct, 2029 68 $1,134.20 $476.27 $1,610.46 $271,730.93
Nov, 2029 69 $1,132.21 $478.25 $1,610.46 $271,252.68
Dec, 2029 70 $1,130.22 $480.25 $1,610.46 $270,772.43
Jan, 2030 71 $1,128.22 $482.25 $1,610.46 $270,290.18
Feb, 2030 72 $1,126.21 $484.26 $1,610.46 $269,805.93
Mar, 2030 73 $1,124.19 $486.27 $1,610.46 $269,319.65
Apr, 2030 74 $1,122.17 $488.30 $1,610.46 $268,831.35
May, 2030 75 $1,120.13 $490.33 $1,610.46 $268,341.02
Jun, 2030 76 $1,118.09 $492.38 $1,610.46 $267,848.64
Jul, 2030 77 $1,116.04 $494.43 $1,610.46 $267,354.21
Aug, 2030 78 $1,113.98 $496.49 $1,610.46 $266,857.73
Sep, 2030 79 $1,111.91 $498.56 $1,610.46 $266,359.17
Oct, 2030 80 $1,109.83 $500.64 $1,610.46 $265,858.53
Nov, 2030 81 $1,107.74 $502.72 $1,610.46 $265,355.81
Dec, 2030 82 $1,105.65 $504.82 $1,610.46 $264,851.00
Jan, 2031 83 $1,103.55 $506.92 $1,610.46 $264,344.08
Feb, 2031 84 $1,101.43 $509.03 $1,610.46 $263,835.05
Mar, 2031 85 $1,099.31 $511.15 $1,610.46 $263,323.89
Apr, 2031 86 $1,097.18 $513.28 $1,610.46 $262,810.61
May, 2031 87 $1,095.04 $515.42 $1,610.46 $262,295.19
Jun, 2031 88 $1,092.90 $517.57 $1,610.46 $261,777.62
Jul, 2031 89 $1,090.74 $519.72 $1,610.46 $261,257.90
Aug, 2031 90 $1,088.57 $521.89 $1,610.46 $260,736.01
Sep, 2031 91 $1,086.40 $524.06 $1,610.46 $260,211.94
Oct, 2031 92 $1,084.22 $526.25 $1,610.46 $259,685.69
Nov, 2031 93 $1,082.02 $528.44 $1,610.46 $259,157.25
Dec, 2031 94 $1,079.82 $530.64 $1,610.46 $258,626.61
Jan, 2032 95 $1,077.61 $532.85 $1,610.46 $258,093.76
Feb, 2032 96 $1,075.39 $535.07 $1,610.46 $257,558.68
Mar, 2032 97 $1,073.16 $537.30 $1,610.46 $257,021.38
Apr, 2032 98 $1,070.92 $539.54 $1,610.46 $256,481.84
May, 2032 99 $1,068.67 $541.79 $1,610.46 $255,940.04
Jun, 2032 100 $1,066.42 $544.05 $1,610.46 $255,396.00
Jul, 2032 101 $1,064.15 $546.31 $1,610.46 $254,849.68
Aug, 2032 102 $1,061.87 $548.59 $1,610.46 $254,301.09
Sep, 2032 103 $1,059.59 $550.88 $1,610.46 $253,750.21
Oct, 2032 104 $1,057.29 $553.17 $1,610.46 $253,197.04
Nov, 2032 105 $1,054.99 $555.48 $1,610.46 $252,641.56
Dec, 2032 106 $1,052.67 $557.79 $1,610.46 $252,083.77
Jan, 2033 107 $1,050.35 $560.12 $1,610.46 $251,523.66
Feb, 2033 108 $1,048.02 $562.45 $1,610.46 $250,961.21
Mar, 2033 109 $1,045.67 $564.79 $1,610.46 $250,396.41
Apr, 2033 110 $1,043.32 $567.15 $1,610.46 $249,829.27
May, 2033 111 $1,040.96 $569.51 $1,610.46 $249,259.76
Jun, 2033 112 $1,038.58 $571.88 $1,610.46 $248,687.88
Jul, 2033 113 $1,036.20 $574.27 $1,610.46 $248,113.61
Aug, 2033 114 $1,033.81 $576.66 $1,610.46 $247,536.95
Sep, 2033 115 $1,031.40 $579.06 $1,610.46 $246,957.89
Oct, 2033 116 $1,028.99 $581.47 $1,610.46 $246,376.42
Nov, 2033 117 $1,026.57 $583.90 $1,610.46 $245,792.52
Dec, 2033 118 $1,024.14 $586.33 $1,610.46 $245,206.19
Jan, 2034 119 $1,021.69 $588.77 $1,610.46 $244,617.42
Feb, 2034 120 $1,019.24 $591.23 $1,610.46 $244,026.19
Mar, 2034 121 $1,016.78 $593.69 $1,610.46 $243,432.50
Apr, 2034 122 $1,014.30 $596.16 $1,610.46 $242,836.34
May, 2034 123 $1,011.82 $598.65 $1,610.46 $242,237.69
Jun, 2034 124 $1,009.32 $601.14 $1,610.46 $241,636.55
Jul, 2034 125 $1,006.82 $603.65 $1,610.46 $241,032.91
Aug, 2034 126 $1,004.30 $606.16 $1,610.46 $240,426.75
Sep, 2034 127 $1,001.78 $608.69 $1,610.46 $239,818.06
Oct, 2034 128 $999.24 $611.22 $1,610.46 $239,206.84
Nov, 2034 129 $996.70 $613.77 $1,610.46 $238,593.07
Dec, 2034 130 $994.14 $616.33 $1,610.46 $237,976.74
Jan, 2035 131 $991.57 $618.90 $1,610.46 $237,357.85
Feb, 2035 132 $988.99 $621.47 $1,610.46 $236,736.37
Mar, 2035 133 $986.40 $624.06 $1,610.46 $236,112.31
Apr, 2035 134 $983.80 $626.66 $1,610.46 $235,485.64
May, 2035 135 $981.19 $629.27 $1,610.46 $234,856.37
Jun, 2035 136 $978.57 $631.90 $1,610.46 $234,224.47
Jul, 2035 137 $975.94 $634.53 $1,610.46 $233,589.94
Aug, 2035 138 $973.29 $637.17 $1,610.46 $232,952.77
Sep, 2035 139 $970.64 $639.83 $1,610.46 $232,312.94
Oct, 2035 140 $967.97 $642.49 $1,610.46 $231,670.45
Nov, 2035 141 $965.29 $645.17 $1,610.46 $231,025.28
Dec, 2035 142 $962.61 $647.86 $1,610.46 $230,377.42
Jan, 2036 143 $959.91 $650.56 $1,610.46 $229,726.86
Feb, 2036 144 $957.20 $653.27 $1,610.46 $229,073.59
Mar, 2036 145 $954.47 $655.99 $1,610.46 $228,417.60
Apr, 2036 146 $951.74 $658.72 $1,610.46 $227,758.87
May, 2036 147 $949.00 $661.47 $1,610.46 $227,097.40
Jun, 2036 148 $946.24 $664.23 $1,610.46 $226,433.18
Jul, 2036 149 $943.47 $666.99 $1,610.46 $225,766.18
Aug, 2036 150 $940.69 $669.77 $1,610.46 $225,096.41
Sep, 2036 151 $937.90 $672.56 $1,610.46 $224,423.85
Oct, 2036 152 $935.10 $675.37 $1,610.46 $223,748.48
Nov, 2036 153 $932.29 $678.18 $1,610.46 $223,070.30
Dec, 2036 154 $929.46 $681.01 $1,610.46 $222,389.30
Jan, 2037 155 $926.62 $683.84 $1,610.46 $221,705.45
Feb, 2037 156 $923.77 $686.69 $1,610.46 $221,018.76
Mar, 2037 157 $920.91 $689.55 $1,610.46 $220,329.21
Apr, 2037 158 $918.04 $692.43 $1,610.46 $219,636.78
May, 2037 159 $915.15 $695.31 $1,610.46 $218,941.47
Jun, 2037 160 $912.26 $698.21 $1,610.46 $218,243.26
Jul, 2037 161 $909.35 $701.12 $1,610.46 $217,542.14
Aug, 2037 162 $906.43 $704.04 $1,610.46 $216,838.10
Sep, 2037 163 $903.49 $706.97 $1,610.46 $216,131.13
Oct, 2037 164 $900.55 $709.92 $1,610.46 $215,421.21
Nov, 2037 165 $897.59 $712.88 $1,610.46 $214,708.34
Dec, 2037 166 $894.62 $715.85 $1,610.46 $213,992.49
Jan, 2038 167 $891.64 $718.83 $1,610.46 $213,273.66
Feb, 2038 168 $888.64 $721.82 $1,610.46 $212,551.84
Mar, 2038 169 $885.63 $724.83 $1,610.46 $211,827.00
Apr, 2038 170 $882.61 $727.85 $1,610.46 $211,099.15
May, 2038 171 $879.58 $730.89 $1,610.46 $210,368.27
Jun, 2038 172 $876.53 $733.93 $1,610.46 $209,634.34
Jul, 2038 173 $873.48 $736.99 $1,610.46 $208,897.35
Aug, 2038 174 $870.41 $740.06 $1,610.46 $208,157.29
Sep, 2038 175 $867.32 $743.14 $1,610.46 $207,414.15
Oct, 2038 176 $864.23 $746.24 $1,610.46 $206,667.91
Nov, 2038 177 $861.12 $749.35 $1,610.46 $205,918.56
Dec, 2038 178 $857.99 $752.47 $1,610.46 $205,166.09
Jan, 2039 179 $854.86 $755.61 $1,610.46 $204,410.48
Feb, 2039 180 $851.71 $758.75 $1,610.46 $203,651.73
Mar, 2039 181 $848.55 $761.92 $1,610.46 $202,889.81
Apr, 2039 182 $845.37 $765.09 $1,610.46 $202,124.72
May, 2039 183 $842.19 $768.28 $1,610.46 $201,356.44
Jun, 2039 184 $838.99 $771.48 $1,610.46 $200,584.96
Jul, 2039 185 $835.77 $774.69 $1,610.46 $199,810.27
Aug, 2039 186 $832.54 $777.92 $1,610.46 $199,032.34
Sep, 2039 187 $829.30 $781.16 $1,610.46 $198,251.18
Oct, 2039 188 $826.05 $784.42 $1,610.46 $197,466.76
Nov, 2039 189 $822.78 $787.69 $1,610.46 $196,679.08
Dec, 2039 190 $819.50 $790.97 $1,610.46 $195,888.11
Jan, 2040 191 $816.20 $794.26 $1,610.46 $195,093.84
Feb, 2040 192 $812.89 $797.57 $1,610.46 $194,296.27
Mar, 2040 193 $809.57 $800.90 $1,610.46 $193,495.37
Apr, 2040 194 $806.23 $804.23 $1,610.46 $192,691.14
May, 2040 195 $802.88 $807.59 $1,610.46 $191,883.55
Jun, 2040 196 $799.51 $810.95 $1,610.46 $191,072.60
Jul, 2040 197 $796.14 $814.33 $1,610.46 $190,258.27
Aug, 2040 198 $792.74 $817.72 $1,610.46 $189,440.55
Sep, 2040 199 $789.34 $821.13 $1,610.46 $188,619.42
Oct, 2040 200 $785.91 $824.55 $1,610.46 $187,794.87
Nov, 2040 201 $782.48 $827.99 $1,610.46 $186,966.89
Dec, 2040 202 $779.03 $831.44 $1,610.46 $186,135.45
Jan, 2041 203 $775.56 $834.90 $1,610.46 $185,300.55
Feb, 2041 204 $772.09 $838.38 $1,610.46 $184,462.17
Mar, 2041 205 $768.59 $841.87 $1,610.46 $183,620.30
Apr, 2041 206 $765.08 $845.38 $1,610.46 $182,774.92
May, 2041 207 $761.56 $848.90 $1,610.46 $181,926.01
Jun, 2041 208 $758.03 $852.44 $1,610.46 $181,073.57
Jul, 2041 209 $754.47 $855.99 $1,610.46 $180,217.58
Aug, 2041 210 $750.91 $859.56 $1,610.46 $179,358.02
Sep, 2041 211 $747.33 $863.14 $1,610.46 $178,494.88
Oct, 2041 212 $743.73 $866.74 $1,610.46 $177,628.15
Nov, 2041 213 $740.12 $870.35 $1,610.46 $176,757.80
Dec, 2041 214 $736.49 $873.97 $1,610.46 $175,883.83
Jan, 2042 215 $732.85 $877.62 $1,610.46 $175,006.21
Feb, 2042 216 $729.19 $881.27 $1,610.46 $174,124.94
Mar, 2042 217 $725.52 $884.94 $1,610.46 $173,239.99
Apr, 2042 218 $721.83 $888.63 $1,610.46 $172,351.36
May, 2042 219 $718.13 $892.33 $1,610.46 $171,459.03
Jun, 2042 220 $714.41 $896.05 $1,610.46 $170,562.98
Jul, 2042 221 $710.68 $899.79 $1,610.46 $169,663.19
Aug, 2042 222 $706.93 $903.53 $1,610.46 $168,759.66
Sep, 2042 223 $703.17 $907.30 $1,610.46 $167,852.36
Oct, 2042 224 $699.38 $911.08 $1,610.46 $166,941.28
Nov, 2042 225 $695.59 $914.88 $1,610.46 $166,026.40
Dec, 2042 226 $691.78 $918.69 $1,610.46 $165,107.71
Jan, 2043 227 $687.95 $922.52 $1,610.46 $164,185.20
Feb, 2043 228 $684.10 $926.36 $1,610.46 $163,258.84
Mar, 2043 229 $680.25 $930.22 $1,610.46 $162,328.62
Apr, 2043 230 $676.37 $934.10 $1,610.46 $161,394.52
May, 2043 231 $672.48 $937.99 $1,610.46 $160,456.53
Jun, 2043 232 $668.57 $941.90 $1,610.46 $159,514.64
Jul, 2043 233 $664.64 $945.82 $1,610.46 $158,568.82
Aug, 2043 234 $660.70 $949.76 $1,610.46 $157,619.05
Sep, 2043 235 $656.75 $953.72 $1,610.46 $156,665.34
Oct, 2043 236 $652.77 $957.69 $1,610.46 $155,707.64
Nov, 2043 237 $648.78 $961.68 $1,610.46 $154,745.96
Dec, 2043 238 $644.77 $965.69 $1,610.46 $153,780.27
Jan, 2044 239 $640.75 $969.71 $1,610.46 $152,810.56
Feb, 2044 240 $636.71 $973.75 $1,610.46 $151,836.80
Mar, 2044 241 $632.65 $977.81 $1,610.46 $150,858.99
Apr, 2044 242 $628.58 $981.89 $1,610.46 $149,877.11
May, 2044 243 $624.49 $985.98 $1,610.46 $148,891.13
Jun, 2044 244 $620.38 $990.09 $1,610.46 $147,901.04
Jul, 2044 245 $616.25 $994.21 $1,610.46 $146,906.83
Aug, 2044 246 $612.11 $998.35 $1,610.46 $145,908.48
Sep, 2044 247 $607.95 $1,002.51 $1,610.46 $144,905.97
Oct, 2044 248 $603.77 $1,006.69 $1,610.46 $143,899.28
Nov, 2044 249 $599.58 $1,010.88 $1,610.46 $142,888.39
Dec, 2044 250 $595.37 $1,015.10 $1,610.46 $141,873.30
Jan, 2045 251 $591.14 $1,019.33 $1,610.46 $140,853.97
Feb, 2045 252 $586.89 $1,023.57 $1,610.46 $139,830.40
Mar, 2045 253 $582.63 $1,027.84 $1,610.46 $138,802.56
Apr, 2045 254 $578.34 $1,032.12 $1,610.46 $137,770.44
May, 2045 255 $574.04 $1,036.42 $1,610.46 $136,734.02
Jun, 2045 256 $569.73 $1,040.74 $1,610.46 $135,693.28
Jul, 2045 257 $565.39 $1,045.08 $1,610.46 $134,648.20
Aug, 2045 258 $561.03 $1,049.43 $1,610.46 $133,598.77
Sep, 2045 259 $556.66 $1,053.80 $1,610.46 $132,544.97
Oct, 2045 260 $552.27 $1,058.19 $1,610.46 $131,486.77
Nov, 2045 261 $547.86 $1,062.60 $1,610.46 $130,424.17
Dec, 2045 262 $543.43 $1,067.03 $1,610.46 $129,357.14
Jan, 2046 263 $538.99 $1,071.48 $1,610.46 $128,285.66
Feb, 2046 264 $534.52 $1,075.94 $1,610.46 $127,209.72
Mar, 2046 265 $530.04 $1,080.42 $1,610.46 $126,129.29
Apr, 2046 266 $525.54 $1,084.93 $1,610.46 $125,044.37
May, 2046 267 $521.02 $1,089.45 $1,610.46 $123,954.92
Jun, 2046 268 $516.48 $1,093.99 $1,610.46 $122,860.94
Jul, 2046 269 $511.92 $1,098.54 $1,610.46 $121,762.39
Aug, 2046 270 $507.34 $1,103.12 $1,610.46 $120,659.27
Sep, 2046 271 $502.75 $1,107.72 $1,610.46 $119,551.55
Oct, 2046 272 $498.13 $1,112.33 $1,610.46 $118,439.22
Nov, 2046 273 $493.50 $1,116.97 $1,610.46 $117,322.25
Dec, 2046 274 $488.84 $1,121.62 $1,610.46 $116,200.63
Jan, 2047 275 $484.17 $1,126.30 $1,610.46 $115,074.33
Feb, 2047 276 $479.48 $1,130.99 $1,610.46 $113,943.34
Mar, 2047 277 $474.76 $1,135.70 $1,610.46 $112,807.64
Apr, 2047 278 $470.03 $1,140.43 $1,610.46 $111,667.21
May, 2047 279 $465.28 $1,145.18 $1,610.46 $110,522.03
Jun, 2047 280 $460.51 $1,149.96 $1,610.46 $109,372.07
Jul, 2047 281 $455.72 $1,154.75 $1,610.46 $108,217.32
Aug, 2047 282 $450.91 $1,159.56 $1,610.46 $107,057.76
Sep, 2047 283 $446.07 $1,164.39 $1,610.46 $105,893.37
Oct, 2047 284 $441.22 $1,169.24 $1,610.46 $104,724.13
Nov, 2047 285 $436.35 $1,174.11 $1,610.46 $103,550.01
Dec, 2047 286 $431.46 $1,179.01 $1,610.46 $102,371.01
Jan, 2048 287 $426.55 $1,183.92 $1,610.46 $101,187.09
Feb, 2048 288 $421.61 $1,188.85 $1,610.46 $99,998.24
Mar, 2048 289 $416.66 $1,193.81 $1,610.46 $98,804.43
Apr, 2048 290 $411.69 $1,198.78 $1,610.46 $97,605.65
May, 2048 291 $406.69 $1,203.77 $1,610.46 $96,401.88
Jun, 2048 292 $401.67 $1,208.79 $1,610.46 $95,193.09
Jul, 2048 293 $396.64 $1,213.83 $1,610.46 $93,979.26
Aug, 2048 294 $391.58 $1,218.88 $1,610.46 $92,760.37
Sep, 2048 295 $386.50 $1,223.96 $1,610.46 $91,536.41
Oct, 2048 296 $381.40 $1,229.06 $1,610.46 $90,307.35
Nov, 2048 297 $376.28 $1,234.18 $1,610.46 $89,073.16
Dec, 2048 298 $371.14 $1,239.33 $1,610.46 $87,833.84
Jan, 2049 299 $365.97 $1,244.49 $1,610.46 $86,589.35
Feb, 2049 300 $360.79 $1,249.68 $1,610.46 $85,339.67
Mar, 2049 301 $355.58 $1,254.88 $1,610.46 $84,084.79
Apr, 2049 302 $350.35 $1,260.11 $1,610.46 $82,824.68
May, 2049 303 $345.10 $1,265.36 $1,610.46 $81,559.31
Jun, 2049 304 $339.83 $1,270.63 $1,610.46 $80,288.68
Jul, 2049 305 $334.54 $1,275.93 $1,610.46 $79,012.75
Aug, 2049 306 $329.22 $1,281.25 $1,610.46 $77,731.51
Sep, 2049 307 $323.88 $1,286.58 $1,610.46 $76,444.92
Oct, 2049 308 $318.52 $1,291.94 $1,610.46 $75,152.98
Nov, 2049 309 $313.14 $1,297.33 $1,610.46 $73,855.65
Dec, 2049 310 $307.73 $1,302.73 $1,610.46 $72,552.92
Jan, 2050 311 $302.30 $1,308.16 $1,610.46 $71,244.76
Feb, 2050 312 $296.85 $1,313.61 $1,610.46 $69,931.15
Mar, 2050 313 $291.38 $1,319.09 $1,610.46 $68,612.06
Apr, 2050 314 $285.88 $1,324.58 $1,610.46 $67,287.48
May, 2050 315 $280.36 $1,330.10 $1,610.46 $65,957.38
Jun, 2050 316 $274.82 $1,335.64 $1,610.46 $64,621.74
Jul, 2050 317 $269.26 $1,341.21 $1,610.46 $63,280.53
Aug, 2050 318 $263.67 $1,346.80 $1,610.46 $61,933.73
Sep, 2050 319 $258.06 $1,352.41 $1,610.46 $60,581.32
Oct, 2050 320 $252.42 $1,358.04 $1,610.46 $59,223.28
Nov, 2050 321 $246.76 $1,363.70 $1,610.46 $57,859.58
Dec, 2050 322 $241.08 $1,369.38 $1,610.46 $56,490.20
Jan, 2051 323 $235.38 $1,375.09 $1,610.46 $55,115.11
Feb, 2051 324 $229.65 $1,380.82 $1,610.46 $53,734.29
Mar, 2051 325 $223.89 $1,386.57 $1,610.46 $52,347.72
Apr, 2051 326 $218.12 $1,392.35 $1,610.46 $50,955.37
May, 2051 327 $212.31 $1,398.15 $1,610.46 $49,557.22
Jun, 2051 328 $206.49 $1,403.98 $1,610.46 $48,153.24
Jul, 2051 329 $200.64 $1,409.83 $1,610.46 $46,743.41
Aug, 2051 330 $194.76 $1,415.70 $1,610.46 $45,327.71
Sep, 2051 331 $188.87 $1,421.60 $1,610.46 $43,906.11
Oct, 2051 332 $182.94 $1,427.52 $1,610.46 $42,478.59
Nov, 2051 333 $176.99 $1,433.47 $1,610.46 $41,045.12
Dec, 2051 334 $171.02 $1,439.44 $1,610.46 $39,605.68
Jan, 2052 335 $165.02 $1,445.44 $1,610.46 $38,160.24
Feb, 2052 336 $159.00 $1,451.46 $1,610.46 $36,708.77
Mar, 2052 337 $152.95 $1,457.51 $1,610.46 $35,251.26
Apr, 2052 338 $146.88 $1,463.58 $1,610.46 $33,787.68
May, 2052 339 $140.78 $1,469.68 $1,610.46 $32,317.99
Jun, 2052 340 $134.66 $1,475.81 $1,610.46 $30,842.19
Jul, 2052 341 $128.51 $1,481.96 $1,610.46 $29,360.23
Aug, 2052 342 $122.33 $1,488.13 $1,610.46 $27,872.10
Sep, 2052 343 $116.13 $1,494.33 $1,610.46 $26,377.77
Oct, 2052 344 $109.91 $1,500.56 $1,610.46 $24,877.21
Nov, 2052 345 $103.66 $1,506.81 $1,610.46 $23,370.40
Dec, 2052 346 $97.38 $1,513.09 $1,610.46 $21,857.31
Jan, 2053 347 $91.07 $1,519.39 $1,610.46 $20,337.92
Feb, 2053 348 $84.74 $1,525.72 $1,610.46 $18,812.20
Mar, 2053 349 $78.38 $1,532.08 $1,610.46 $17,280.12
Apr, 2053 350 $72.00 $1,538.46 $1,610.46 $15,741.65
May, 2053 351 $65.59 $1,544.87 $1,610.46 $14,196.78
Jun, 2053 352 $59.15 $1,551.31 $1,610.46 $12,645.47
Jul, 2053 353 $52.69 $1,557.78 $1,610.46 $11,087.69
Aug, 2053 354 $46.20 $1,564.27 $1,610.46 $9,523.42
Sep, 2053 355 $39.68 $1,570.78 $1,610.46 $7,952.64
Oct, 2053 356 $33.14 $1,577.33 $1,610.46 $6,375.31
Nov, 2053 357 $26.56 $1,583.90 $1,610.46 $4,791.41
Dec, 2053 358 $19.96 $1,590.50 $1,610.46 $3,200.91
Jan, 2054 359 $13.34 $1,597.13 $1,610.46 $1,603.78
Feb, 2054 360 $6.68 $1,603.78 $1,610.46 $0.00

Commercial Real Estate Calculator

The Commercial real estate calculator is to be used for commercial loans only. It is a perfect calculator for real estate investors who are looking to buy commercial properties as an investment. If you are looking for a conventional mortgage calculator with taxes and insurance, please use the mortgage calculator with taxes and insurance with more options.

For commercial loans, lenders expect the borrowers to repay the loan in advance before the due date. They do this by including a balloon payment which is a lump sum of money to be paid at the end of the balloon payment due year. For example, if the balloon due year is 5 years, you will make regular monthly payments to the lender. At the end of the 5th year, you are required to pay off everything in a lump sum payment. This commercial mortgage loan calculator with balloon payment will calculate the mortgage balloon payment for you after certain years. The commercial mortgage calculator with amortization has a commercial amortization schedule that has all the details about each payment including payment date, payment number, interest paid, principal paid, total payment, and remaining balance. The commercial mortgage amortization schedule is printable and downloadable for your convenience.

If you live in the UK, you can use the Commercial Mortgage Calculator UK.


What is a commercial loan?

A commercial loan is a loan issued by a bank to a company. To get a commercial loan from a lender, businesses may need to use properties and equipment as collateral. During expansion and growth periods, companies may use commercial loans to fund capital expenditure, operational costs, hiring new employees, buy real estate as an investment or as an office. For example, a restaurant chain may use a commercial loan to buy a restaurant and the building that comes with it, a property investment company may use a commercial loan for construction and to acquire properties.


How do commercial loans work?

To apply and get approval for a commercial loan, companies need to provide financial statements, such as their income statement and balance sheet to the bank. This is necessary because this is the only way that the bank knows that the business can repay the loan. In the case of default, the bank wants to take control of a company's assets to cover their loss. Commercial loans are usually short-term, but they can be renewed and extended for a longer period. Many commercial lenders require collateral for commercial loans, whereas some lenders require a down payment. It really depends on the particular lender that you work with. Shop around and see which commercial lender suits your needs.



Types of commercial loans

There are many types of commercial loans that businesses get, here are a few of them.

  • Traditional Business Loans - This is a commercial loan that businesses borrow from a lender to grow their business, and they pay back the money over time with a fixed-rate interest.

  • Real Estate Commercial Loans - This is a real estate commercial loan used to buy commercial buildings or other real estate properties for investment purposes or as an office. The real estate commercial loans differ from the regular mortgage as these loans are generally much shorter than the standard 30-year term for residential mortgages, they usually last for 5 to 10 years.

  • Equipment Loans - If a business needs expensive equipment and can't afford it, they can get a commercial loan for equipment, and they can use the equipment as collateral.

  • Vehicle Auto Loans - If your business needs to purchase cars, vans, or trucks to get the business started, you can get a vehicle auto loan for business.

  • Construction Loans - A business loan that to fund the construction of a building, office, retail space, multi-family house, or an entire apartment building. The construction loan is a short-term business loan that ranges between 18 to 36 months, but they usually are extended to a longer-term mortgage.

  • Business Lines of Credit - This type of loan is more like a credit card than a traditional loan. A business line of credit allows a business to borrow up to a certain amount of money whenever they need, and will only charge interest on the amount that the business uses. As soon as the business repays the lender, the credit limit goes back to the original amount.

  • SBA loans - A business loan that is designed to help out small business owners. SBA loans are backed by the Small Business Administration or SBA. The SBA doesn't issue loans themselves, they work with banks and guarantee paybacks. SBA loans are similar to traditional business loans, but with longer terms and lower interest rates. SBA loans generally take longer to process and approve than a traditional loan.

Do I need a down payment for a commercial loan?

There is a difference between a commercial loan and a commercial real estate loan. A commercial real estate loan is just one type of commercial loan. As stated above, there are many types of commercial loans. Whether a commercial loan needs a down payment depends on the loan type. A commercial loan that to purchase commercial vehicles and trucks usually doesn't require a down payment, but a commercial real estate loan does require a significant down payment. If your business is using a commercial loan to purchase a commercial property, most lenders would require a down payment of at least 20-30%. There are mainly 5 types of commercial real estate loans, traditional commercial mortgage, SBA 7(a) loan, SBA 504 loan, hard money loan, and bridge loans. These types of loans are primarily used for real estate investing, and they usually have a higher interest rate than a conventional mortgage for residential properties.


How to get a commercial loan?

To apply for a personal loan or a mortgage for your home, the bank reviews your income history and credit score. When a business applies for a commercial loan, the bank also needs to review its income statement and credit scores.

  • Credit Score - As an individual, a business has a credit score too. The credit score of a business depends on many factors such as historical data, registration details, payment history and collections, and business operation data.

  • Company performance - To make sure that your company is able to repay the loan, lenders look at your company's performance. Be prepared to provide an income statement, balance sheet, tax statements to show the total revenue and profit of the business.

  • Proof of Collateral - Depending on the loan type, some commercial loans required collateral to protect the lender.

These are the three major items that lenders look at to decide whether the borrower qualifies for the loan. Some lenders will require additional documents from the business such as business plans, and how it plans to use the loan.



How to get a commercial real estate loan?

The most logical place to get a commercial real estate loan is a bank. However, keep in mind that there are other alternative lenders that a business can take advantage of. Also, there are pros and cons to applying for a commercial loan from a bank. Following is a list of lenders that you can get a commercial real estate loan to fund your next commercial investment property.

  • Bank - While the bank is the most convenient option and usually offers the best interest rate with the most flexible terms, the loan approval process is generally the longest, and they often require extensive documents and only issue loans to businesses with good credit scores.

  • Commercial Lender - These are non-bank lenders that provide commercial loans for real estate investment. While commercial lenders are not as strict as banks, and the loan approval process is often much faster, they do charge a higher interest rate. Their terms are often short-term, and not as flexible as a bank.

  • Crowdlending - This is a newer type of funding for commercial real estate properties. The standard is lower than a bank and a commercial lender, and the application process is usually faster. However, the downside is they have a higher interest rate and more fees, and the terms are mostly short-term.

Commercial Property Mortgage Calculator Terms

Following are the terms for the commercial real estate loan calculator.
Mortgage Amount - The amount of the loan that you want to apply for. Loan Terms - The terms in a number of years for the loan. Interest Rate - The annual interest rate that you need to pay for the loan. Balloon Payment Due - In how many years will the balloon payment be due. First Payment Date - You can set the date for the first payment date in the past, present, or some date in the future. Amortization schedule - Show the amortization schedule of each payment or on a yearly basis.


If you are working with a realtor whether you are looking to buy or sell a commercial property, you can use the commercial realtor commission calculator to calculate the cost of hiring a real estate agent.


SBA 504 Loan Calculator
SBA 7(a) Loan Calculator
SBA Loan Calculator
Business Loan Calculator
DSCR Calculator

Mortgage Calculator | Terms | Privacy | Disclaimer | Contact

©2024 Mortgage Calculator