`"Balloon Balance" = PV*(1 + r)^n - P*(( (1 + r)^n - 1)/r) `

Enter a value for all fields

This equation is used to calculate the amount due at the end of a balloon loan/note. The equation can be used for any type of balloon loan and is commonly seen with mortgages and leases.

Where:

• FV = Future Value (Balloon Balance)
• PV = Present Value (Original Balance)
• P = Payment
• r = Rate per payment
• n = Number of payments