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Commercial Loan Payment Calculator
Estimate monthly payments for commercial mortgages with support for interest-only periods, various amortization schedules, and balloon payments.
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Related Financing Programs
Permanent Loans
5.34% - 8.25%
Construction Loans
6.23% - 13.04%
Bridge Loans
6.79% - 13.04%
SBA Loans
5.54% - 8.25%
Mezzanine & Preferred Equity
10% - 18%
Specialty Financing
5.54% - 13.04%
Agency Loans
5.34% to 6.75%
HUD/FHA Multifamily Loans
5.25% to 6.75%
CMBS Loans
5.50% to 7.50%
Net Lease Financing
CMT + 190 bps to 7.50%
Life Company Loans
5.00% to 6.50%
DSCR Loans
6.75% - 10.50%
Hard Money Loans
9.00% - 14.00%
Portfolio Loans
6.50% - 10.00%
Fix and Flip Loans
9.00% - 13.50%
Stated Income Loans
7.00% - 11.00%
Bridge-to-Perm Loans
Construction SOFR plus 250 to 400, Permanent locked at close
FAQ
Loan Payment Calculator FAQ
Commercial mortgage payments are calculated using standard amortization formulas. The monthly payment equals the loan amount times the monthly rate times (1 + monthly rate) raised to the number of payments, divided by (1 + monthly rate) raised to the number of payments minus 1. Commercial loans often have shorter terms than their amortization, resulting in a balloon payment at maturity.
The loan term is how long the loan lasts before it must be repaid or refinanced. The amortization period determines the payment schedule. For example, a 10-year term with 25-year amortization means lower monthly payments but a large balloon payment due after 10 years.
An interest-only (I/O) period allows the borrower to pay only interest for a set period at the start of the loan. This reduces initial monthly payments and is common on bridge loans (full term I/O), construction loans, and some permanent loans (1-3 years I/O). After the I/O period ends, payments convert to fully amortizing.
As of early 2026, commercial mortgage rates range from 5.25% to 8.50% depending on loan type, property type, leverage, and borrower strength. Permanent loans from banks and life companies start around 5.25%-6.75%, while bridge loans range from 7.00%-12.00%.
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