Updated over 8 years ago on . Most recent reply
I don't understand Commercial loans
I'm having trouble trying to wrap my head around commercial loans. I read a couple articles but I can't seem to understand the 25 years amortize and the balloon payments. Any links to an example would be tremundus help. Thanks again BP nation!
Most Popular Reply
Your payment and interest are setup as if you have a full 25 year loan. At the balloon year, you have to pay what ever is left on the principal. Your balloon term is typically 3,5,7, or 10 years



