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Balloon Loan Calculator

Calculate payments for balloon loans with lower regular payments and a large final payment. Compare with traditional loan options.

Balloon Loan Details

Enter your balloon loan details.

Results

Regular Payment
₹16,780.85
Balloon Payment
₹3,00,000
Total Regular Payments
₹10,06,850.92
Total Amount Paid
₹13,06,850.92
Total Interest
₹3,06,850.92
Interest as % of Loan
30.69%
Traditional Loan Payment
₹20,758.36
Payment Savings
₹3,977.51
Effective Annual Rate
5.5%
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Balloon Loan Tips

Balloon loans have lower monthly payments but a large final payment.

Plan how you will pay the balloon amount at maturity.

Often used for real estate or business financing.