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Balloon payment calculator
Balloon notes are everywhere in land finance — seller carry-backs, bridge loans, short-term bank notes amortized over 30 years but due in three. The danger isn't the structure; it's not knowing the exact number that comes due. Enter your loan's terms and see the monthly payment and the balloon balance to the dollar.
Numbers look workable? A written term sheet takes 48 hours and zero documents — so the real quote costs you five minutes.
Get a term sheetGood questions
Why do land loans use balloons?+
A 30-year amortization keeps payments manageable while a 1–5 year maturity keeps the lender's commitment short. You refinance or sell before the balloon — the structure works as long as your exit is real.
My balloon is coming due and my bank won't renew. Now what?+
This is one of the most common files we see. An asset-based refinance can pay off the maturing note in 2–4 weeks against the land's value alone — no tax returns, 680+ credit, up to 70% LTV.
Does paying extra principal shrink the balloon?+
Yes — every extra dollar comes straight off the balloon balance, since the maturity date doesn't move. Check your note for prepayment terms first.
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Educational estimates only, not a loan offer or tax advice. Actual terms are set by underwriting and shown on your term sheet.