Balloon Payment Calculator
Updated on 22 Oct 2026 · Checked by Aotob
With a 30% balloon, $30,000 over 48 months is $564 a month.
Then $9,000 is due at the end.
Monthly payment
$564
The balloon cuts the payment by $161 a month, but you owe $9,000 at the end and pay $1,255 more interest. Plan how you will pay it: savings, selling, or refinancing.
Show the working
Payment = (30,000 − 9,000 ÷ (1 + r)48) × r ÷ (1 − (1 + r)−48) = 564.01
By balloon size
| Balloon | Monthly | Due at end | Total interest |
|---|---|---|---|
| 0% | 725 | 0 | 4,818 |
| 10% | 672 | 3,000 | 5,236 |
| 20% | 618 | 6,000 | 5,654 |
| 30% | 564 | 9,000 | 6,072 |
| 40% | 510 | 12,000 | 6,491 |
| 50% | 456 | 15,000 | 6,909 |
Questions people ask
What is a balloon payment?
A large lump sum due at the end of a loan. It lowers the monthly payments because you only repay part of the loan along the way.
How is it worked out?
The payment repays the loan down to the balloon, and you pay interest on the balloon the whole time, so total interest is higher.
What if I can’t pay the balloon?
You may refinance it, sell the asset or hand it back (with PCP). Plan for it from the start.
Updated 22 Oct 2026Source: Standard loan maths, checked October 2026Checked by AotobFixed rate, no fees.Report an issue