Commercial Mortgage Calculator
Calculate your commercial mortgage payments, total interest costs, and amortization schedule. Understand how different loan terms affect your business property financing.
Step 1: Loan Details
Understanding Commercial Mortgages
Commercial mortgages typically have higher interest rates and shorter terms than residential mortgages. Loan amounts are based on the property’s income-generating potential rather than personal income.
Step 2: Additional Options
About Commercial Loan Terms
Commercial mortgages often have balloon payments, require personal guarantees, and may include prepayment penalties. Interest rates are typically higher than residential loans due to increased risk.
Commercial Mortgage Results
Estimated Monthly Payment
Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance | Cumulative Interest |
|---|
Payment Breakdown Analysis
Commercial Mortgage Formula
Monthly Payment = P × [r(1+r)^n] / [(1+r)^n – 1]
Where P = loan principal, r = monthly interest rate (annual rate ÷ 12), n = total number of payments (term in years × 12). Commercial loans may include additional fees, balloon payments, and different amortization periods than the loan term.
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