Calcolatore Pagamento a Palloncino — Formula

Balloon Mortgages

A balloon mortgage has lower monthly payments based on a long amortization schedule, but the remaining balance comes due in a lump sum (the balloon payment) after a shorter term.

How It Works

1. Payments are calculated as if the loan runs the full amortization period (e.g., 30 years) 2. After the balloon term (e.g., 7 years), the entire remaining balance is due 3. Most borrowers refinance or sell before the balloon date

Balloon Balance Formula

Balance = P x [(1+r)^N - (1+r)^n] / [(1+r)^N - 1]

Where P is the original loan, N is the amortization months, and n is the months paid.

Common Uses

  • Commercial real estate financing
  • Bridge loans while waiting for permanent financing
  • Borrowers planning to sell within the balloon period

    • Esempio Risolto

    A $250,000 loan at 7%, amortized over 30 years, with a 7-year balloon.

    1. Monthly payment (30-year amortization): $1,663.26
    2. Payments made: 84 months x $1,663.26 = $139,714
    3. Balloon balance after 7 years: $228,951
    4. Principal paid: $250,000 - $228,951 = $21,049
    5. Interest paid: $139,714 - $21,049 = $118,665
    6. The $228,951 balloon must be paid, refinanced, or the property sold