Personal and car
Balloon payment calculator
Compare repayments with and without a balloon payment on a car or equipment loan.
How this calculator works
- The balloon is due as a lump sum when the loan ends.
- Uses the rate you enter for the whole term.
This calculator gives estimates for general information only. It isn't a quote, an offer or an approval, and it doesn't consider your objectives, financial situation or needs. Results depend on the figures you enter and the assumptions above.
Want a real number?
Calculators are a starting point. In a 20-minute call we can tell you what lenders are likely to say about your situation.