Download Balloon Loan Calculator Excel Template


Popular Categories in Excel Template
Trednding in Excel Template

Transfer Rejection Letter

Transfer Rejection Letter is a ready-to-use excel template to issue letter to reject a transfer …

Read More

Balance sheet

The balance sheet is a very important financial statement that summarizes a company’s assets (what it owns) and liabilities (what it owes). However this is …

Read More

Simple Budget

About Simple Budget Excel Template A budget is a financial plan for a particular period. …

Read More

Travel Planner

Finally, After spending one week in Hongkong and Malaysia, met with my offline business partners, …

Read More
Generic filters

balloon loan calculator or balloon mortgage payment is a payment in which you plan to pay off your auto or mortgage loan in a big chunk after a number of small regular monthly payments. Moreover, To determine what that balloon payment will be. You can download Balloon loan calculator below which calculates the regular monthly payment and balloon payment for a loan period between 1 and 360 months (30 years). This spreadsheet can be used for other types of balloon loan calculations as well.

Balloon Payment

Calculate monthly paymentstotal interest, and amount of the balloon payment for a simple loan using the Excel spreadsheet template.

This spreadsheet includes an amortization and payment schedule suitable for car loans, business loans, and mortgage loans.

Balloon Mortgage

Why a Balloon Payment mortgage?

I originally created this spreadsheet to figure out payment schedule for a car loan or auto loan. Furthermore because I didn’t have the cash in hand to pay for the car in one lump sum, but I knew that I would after 6 months. So, to keep monthly payments low at first, we set up a 3-year loan with the plan to pay loan off completely after about 6 months.


This version take into account the fact that the regular payment and the interest are round to the nearest cent. Thus, The “Balloon finance Payment with Rounding” value is taken directly from the amortization schedule, which ensures that the final balance is zero.

Using the Balloon Payment Loan

This spreadsheet is useful as a mortgage calculator, particularly for calculating balloon payment that is when you sell your house after a number of years. However, there are many other costs associate with home buying/selling that the calculator does not take into account. Such as property taxes, escrow payments, mortgage insurance, homeowner’s insurance, closing costs, etc.

Interest-Only Mortgage Loans

An option is add to the spreadsheet to choose between monthly payments that are amortize vs. payments that are interest-only. While interest-only loans may look appealing due to low monthly payment, you still have to pay off the loan eventually. Beware of the consumer debt spiral!

Download Balloon Loan Calculator Excel Template

To use this free Excel Template, you should have Microsoft Office/ Microsoft Excel. You can only use this template if you have these applications in your system. or Use, Google Sheets. 

After installing Excel or Spreadsheet, download the xlsx file of this template to use it

Once extracted, you can open the file using Excel and start entering data or customizing the template.

Click The Button Below To Download Balloon Loan Calculator Excel Template

Instruction :

All Excel templates and tools are sole property of User can only download and use the excel templates for their Personal use only. All templates provided by XLSX templates are free and no payment is asked. However, you are not allowed to distribute or share in any other website for sole purpose of generating revenue from it.

 You can also download and use our 1000 Best PowerPoint Presentation Templates and 500 Resume Samples from  Completely Free. All our templates are designed by Professionals

Popular Excel Templates: