Commercial Loan Calculator
Calculate payments for commercial real estate and business loans
Loan Details
Typical: 5.5% - 10%
Extra Payments
Additional amount each month
Loan Summary
Loan Details
Financial Disclaimer
This calculator provides estimates for informational purposes only. Actual loan terms, rates, and payments may vary. This is not financial advice. Consult with a qualified financial advisor or lender for specific guidance. PayoffCalculator.io is not a lender and does not provide loans.
How to Use This Commercial Loan Calculator
Enter your loan amount, interest rate, term length, and amortization period. If the term is shorter than the amortization, the calculator shows your balloon payment amount at the end of the term.
Understanding Commercial Loan Loans
Commercial loans often have terms of 5-10 years with longer amortization periods of 20-25 years. This creates lower monthly payments but requires refinancing or a balloon payment at the end of the term.
Tips for Getting the Best Commercial Loan Rate
Factor in the balloon payment when planning. Build cash reserves or have a refinancing plan. Consider interest rate projections if you'll need to refinance in the future.
Frequently Asked Questions
Commercial loan rates typically range from 5% to 10% depending on property type, borrower credit, loan-to-value ratio, and market conditions.