US commercial loan calculator
Estimate payments for commercial property financing in dollars. Keep the loan term separate from the amortization period.
See the payments and the balance.
Monthly estimates from your assumptions.
Amount borrowed; fees below are paid separately.
Enter your assumed nominal rate, not APR or APRC. It stays fixed in this estimate.
Whole years over which regular payments would clear the loan. Not used for interest only.
Whole years until contractual maturity. A shorter term leaves a balloon payable at the end.
Optional origination, appraisal or closing fees you enter. Paid upfront, not financed.
All calculations run in your browser. Financial inputs are not sent to Locus analytics or carried into location research.
View amortization schedule · 60 monthly payments
| Month | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | $3,221.51 | $2,500.00 | $721.51 | $499,278.49 |
| 2 | $3,221.51 | $2,496.39 | $725.12 | $498,553.37 |
| 3 | $3,221.51 | $2,492.77 | $728.74 | $497,824.63 |
| 4 | $3,221.51 | $2,489.12 | $732.39 | $497,092.24 |
| 5 | $3,221.51 | $2,485.46 | $736.05 | $496,356.19 |
| 6 | $3,221.51 | $2,481.78 | $739.73 | $495,616.46 |
| 7 | $3,221.51 | $2,478.08 | $743.43 | $494,873.03 |
| 8 | $3,221.51 | $2,474.37 | $747.14 | $494,125.89 |
| 9 | $3,221.51 | $2,470.63 | $750.88 | $493,375.01 |
| 10 | $3,221.51 | $2,466.88 | $754.63 | $492,620.38 |
| 11 | $3,221.51 | $2,463.10 | $758.41 | $491,861.97 |
| 12 | $3,221.51 | $2,459.31 | $762.20 | $491,099.77 |
| 13 | $3,221.51 | $2,455.50 | $766.01 | $490,333.76 |
| 14 | $3,221.51 | $2,451.67 | $769.84 | $489,563.92 |
| 15 | $3,221.51 | $2,447.82 | $773.69 | $488,790.23 |
| 16 | $3,221.51 | $2,443.95 | $777.56 | $488,012.67 |
| 17 | $3,221.51 | $2,440.06 | $781.45 | $487,231.22 |
| 18 | $3,221.51 | $2,436.16 | $785.35 | $486,445.87 |
| 19 | $3,221.51 | $2,432.23 | $789.28 | $485,656.59 |
| 20 | $3,221.51 | $2,428.28 | $793.23 | $484,863.36 |
| 21 | $3,221.51 | $2,424.32 | $797.19 | $484,066.17 |
| 22 | $3,221.51 | $2,420.33 | $801.18 | $483,264.99 |
| 23 | $3,221.51 | $2,416.32 | $805.19 | $482,459.80 |
| 24 | $3,221.51 | $2,412.30 | $809.21 | $481,650.59 |
| 25 | $3,221.51 | $2,408.25 | $813.26 | $480,837.33 |
| 26 | $3,221.51 | $2,404.19 | $817.32 | $480,020.01 |
| 27 | $3,221.51 | $2,400.10 | $821.41 | $479,198.60 |
| 28 | $3,221.51 | $2,395.99 | $825.52 | $478,373.08 |
| 29 | $3,221.51 | $2,391.87 | $829.64 | $477,543.44 |
| 30 | $3,221.51 | $2,387.72 | $833.79 | $476,709.65 |
| 31 | $3,221.51 | $2,383.55 | $837.96 | $475,871.69 |
| 32 | $3,221.51 | $2,379.36 | $842.15 | $475,029.54 |
| 33 | $3,221.51 | $2,375.15 | $846.36 | $474,183.18 |
| 34 | $3,221.51 | $2,370.92 | $850.59 | $473,332.59 |
| 35 | $3,221.51 | $2,366.66 | $854.85 | $472,477.74 |
| 36 | $3,221.51 | $2,362.39 | $859.12 | $471,618.62 |
| 37 | $3,221.51 | $2,358.09 | $863.42 | $470,755.20 |
| 38 | $3,221.51 | $2,353.78 | $867.73 | $469,887.47 |
| 39 | $3,221.51 | $2,349.44 | $872.07 | $469,015.40 |
| 40 | $3,221.51 | $2,345.08 | $876.43 | $468,138.97 |
| 41 | $3,221.51 | $2,340.69 | $880.82 | $467,258.15 |
| 42 | $3,221.51 | $2,336.29 | $885.22 | $466,372.93 |
| 43 | $3,221.51 | $2,331.86 | $889.65 | $465,483.28 |
| 44 | $3,221.51 | $2,327.42 | $894.09 | $464,589.19 |
| 45 | $3,221.51 | $2,322.95 | $898.56 | $463,690.63 |
| 46 | $3,221.51 | $2,318.45 | $903.06 | $462,787.57 |
| 47 | $3,221.51 | $2,313.94 | $907.57 | $461,880.00 |
| 48 | $3,221.51 | $2,309.40 | $912.11 | $460,967.89 |
| 49 | $3,221.51 | $2,304.84 | $916.67 | $460,051.22 |
| 50 | $3,221.51 | $2,300.26 | $921.25 | $459,129.97 |
| 51 | $3,221.51 | $2,295.65 | $925.86 | $458,204.11 |
| 52 | $3,221.51 | $2,291.02 | $930.49 | $457,273.62 |
| 53 | $3,221.51 | $2,286.37 | $935.14 | $456,338.48 |
| 54 | $3,221.51 | $2,281.69 | $939.82 | $455,398.66 |
| 55 | $3,221.51 | $2,276.99 | $944.52 | $454,454.14 |
| 56 | $3,221.51 | $2,272.27 | $949.24 | $453,504.90 |
| 57 | $3,221.51 | $2,267.52 | $953.99 | $452,550.91 |
| 58 | $3,221.51 | $2,262.75 | $958.76 | $451,592.15 |
| 59 | $3,221.51 | $2,257.96 | $963.55 | $450,628.60 |
| 60 | $3,221.51 | $2,253.14 | $968.37 | $449,660.23 |
What this estimate includes
Fixed annual nominal rate divided by 12, equal monthly periods and payments at month-end. Interest and payments round to cents each month; the final full-repayment payment clears any rounding residue. These are model assumptions, not a universal US lender convention.
Compare with your lender’s schedule. Actual/360, actual/365 or daily interest, variable rates, payment holidays, extra repayments, financed fees and part-and-part loans are not modelled. Taxes, insurance and other ownership or closing costs are excluded unless you enter them in upfront fees. This is not an APR/APRC calculation.
General planning information, not financial advice, a lending offer, an affordability assessment or an approval prediction. Locus does not arrange lending through this calculator. Check repayment terms and all costs with your lender or qualified adviser. Your commercial property may be at risk if repayments are not maintained.
Term, amortization and balloon definitions: OCC Commercial Real Estate Lending handbook. Sources checked 29 October 2026. Rates shown in the reset example are invented assumptions, not current lending rates.
Switch to the UK pound commercial mortgage calculator. For premises costs, use the commercial lease comparison.
Useful to know
A few common questions.
Understand the result before making your next move.
How does a commercial loan balloon payment work?
If the loan term ends before the amortization period, regular payments leave principal outstanding. That remaining balance is payable at maturity after the final monthly payment. This calculator shows it separately and includes it once in total repayment. Future refinancing is not guaranteed.
Is this a commercial mortgage or an SBA loan calculator?
It estimates level monthly payments for commercial property loans using your entered assumptions. It does not apply SBA program rules, lender eligibility, DSCR tests, tax rules or approval criteria. It is not for residential mortgage advice.
Is the annual interest rate the APR?
No. Enter the nominal annual interest rate. The model divides it by 12 and holds it fixed, with equal monthly periods. It does not calculate APR or replicate actual-day interest conventions. Compare with your lender’s agreement.
Are my loan figures saved or shared?
Calculations run in your browser. Financial figures are not included in tool analytics, page URLs or the location-research handoff. The optional CSV contains your figures and downloads locally; keep it private when sharing.
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