Balloon Payment

The Balloon payment is a type of loan amortization system, where the last installment is paid at the end of the loan, together with a previously defined value, called balloon amount. The installments are fixed and equals, during the repayment period, excepting, the last which is added to the balloon amount.
Enter the principal, ballon amount, number of payments in months and monthly interest rate. Use the point as a decimal separator. Ex 2,533.34 enter: 2533.34; the results will be displayed automatically after click on "Calculate".

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