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Commercial Loan Payment Calculator
Estimate monthly payments for commercial mortgages with support for interest-only periods, various amortization schedules, and balloon payments.
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Related Financing Programs
Permanent Loans
5.34% - 8.25%
Construction Loans
6.23% - 13.04%
Bridge Loans
6.79% - 13.04%
SBA Loans
5.54% - 8.25%
Mezzanine & Preferred Equity
10% - 18%
Specialty Financing
5.54% - 13.04%
Agency Loans
5.34% to 6.75%
HUD/FHA Multifamily Loans
5.25% to 6.75%
CMBS Loans
5.50% to 7.50%
Net Lease Financing
CMT + 190 bps to 7.50%
Life Company Loans
5.00% to 6.50%
DSCR Loans
6.75% - 10.50%
Hard Money Loans
9.00% - 14.00%
Portfolio Loans
6.50% - 10.00%
Fix and Flip Loans
9.00% - 13.50%
Stated Income Loans
7.00% - 11.00%
Bridge-to-Perm Loans
Construction SOFR plus 250 to 400, Permanent locked at close
Acquisition Bridge Loans
7.50% - 12.00%
Value-Add Bridge Loans
7.75% - 12.50%
1031 Exchange Bridge Loans
7.50% - 11.50%
Multifamily Bridge Loans
7.00% - 11.50%
Industrial Bridge Loans
7.25% - 11.50%
Office Bridge Loans
8.00% - 13.00%
Retail Bridge Loans
7.50% - 12.00%
Mixed-Use Bridge Loans
7.50% - 12.50%
Multifamily Construction Loans
6.50% - 11.00%
Build-to-Rent Loans
6.75% - 11.00%
Construction-to-Perm Loans
6.50% - 10.00%
Land Loans
8.00% - 14.00%
Self-Storage Financing
5.50% - 9.00%
Hotel & Motel Financing
6.00% - 12.00%
Student Housing Loans
5.75% - 9.50%
Senior Housing Financing
5.75% - 10.00%
Medical Office Financing
5.25% - 8.50%
Sale-Leaseback Financing
5.25% - 7.50%
Office Conversion Loans
8.00% - 13.00%
Preferred Equity
10% - 16% Preferred Return
Industrial Construction Loans
6.50% - 11.00%
C-PACE Financing
6.50% - 8.50% Fixed
Owner-Occupied Commercial Loans
5.50% - 8.50%
FAQ
Loan Payment Calculator FAQ
Commercial mortgage payments are calculated using standard amortization formulas. The monthly payment equals the loan amount times the monthly rate times (1 + monthly rate) raised to the number of payments, divided by (1 + monthly rate) raised to the number of payments minus 1. Commercial loans often have shorter terms than their amortization, resulting in a balloon payment at maturity.
The loan term is how long the loan lasts before it must be repaid or refinanced. The amortization period determines the payment schedule. For example, a 10-year term with 25-year amortization means lower monthly payments but a large balloon payment due after 10 years.
An interest-only (I/O) period allows the borrower to pay only interest for a set period at the start of the loan. This reduces initial monthly payments and is common on bridge loans (full term I/O), construction loans, and some permanent loans (1-3 years I/O). After the I/O period ends, payments convert to fully amortizing.
As of early 2026, commercial mortgage rates range from 5.25% to 8.50% depending on loan type, property type, leverage, and borrower strength. Permanent loans from banks and life companies start around 5.25%-6.75%, while bridge loans range from 7.00%-12.00%.
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