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Balloon Payment Calculator
The balloon payment calculator will calculate one of any five possible unknowns. Enter a zero for one of the following: "amount of the loan", "annual rate", "balloon due at payment number", "periodic payment" or "final balloon payment". Therefore, with this calculator you can solve for a periodic payment amount that will result in a particular balloon payment. Or you can solve for the balloon payment amount assuming a regular payment amount that you enter. If you've enter four values and one unknown value and you get a message after clicking 'Calc' asking you if you've entered all required fields, then one value is out of range. For example, you might have specified a payment amount that is so large that there is no need for a balloon payment. Try reducing the payment amount and/or the balloon due at payment number.
Amount of Loan?:
Annual Interest Rate?:
Balloon Due at Payment No.?:
Periodic Payment?:
Final Balloon Payment?:
Enter a '0' (zero) for one unknown value above.
Payment Frequency?:
Weekly
BiWeekly
Twice Monthly
Every 4 Weeks
Monthly
BiMonthly
Quarterly
Every 4 Months
Semiannually
Annually
Compounding?:
Continuous
Daily
Weekly
BiWeekly
Twice Monthly
Every 4 Weeks
Monthly
BiMonthly
Quarterly
Every 4 Months
Semiannually
Annually
Payment Method?:
Arrears
Advance
Total Interest Paid:
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, All rights reserved.
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This page was updated on: 28-Mar-2009