Commercial Mortgage Calculator

A commercial mortgage calculator is used to calculate the monthly payment on a commercial mortgage loan. Use can use the rates and calculator below to estimate your monthly payment. For an exact quote based on your specific needs, please call us at 877-548-9454 or click Get Free Quote.

Apartment Building Loans

As of , rates start at
3.50%
Minimum Loan Size $750,000
Calculate Apartment Mortgage Payment

Commercial Mortgage Loans

As of , rates start at
4.19%
Minimum Loan Size $750,000
Calculate Commercial Mortgage Payment

Business Real Estate Loans

As of , rates start at
3.99%
Minimum Loan Size $750,000
Calculate Business Loan Payment

Commercial Mortgage Calculator To Calculate Monthly Payment
The mortgage calculator will require the following inputs: length of loan in years, loan amount and interest rate. The commercial mortgage calculator will output the monthly payment to be paid. The monthly payment covers principal and interest only. Many lenders escrow for taxes, insurance and replacement reserves. If these escrows are required, you will need to add those amounts to the monthly payment in order to calculate the true monthly cost of your loan. Many borrowers find it helpful to use a commercial mortgage calculator in advance of shopping for a property or refinancing their existing loan to get an idea as to what they can afford. You may use the rates given here to estimate your monthly commercial mortgage payment, however please remember that these rates are subject to change based on the specifics of your loan request.

When using a commercial mortgage calculator, business loan calculator, or any other loan calculator it is important to understand how changes in the various inputs affect the calculated monthly payment.  Obviously, the higher the interest rate, the higher the monthly payment.  Often overlooked is the amortization period.  Some lenders amortize their loans over 20 years, others over 25 years, and still others over 30 years.  A loan amortized over 30 years will have a much lower payment than a similar loan amortized over 20 or 25 years.  You can do some practice demonstrations below to illustrate this point.  Often, the amortization period has a larger effect on the monthly payment than the rate.  When you are shopping for a commercial mortgage, and are comparing various options, make sure to use a commercial mortgage calculator to compare all scenarios.

For more information on using our commercial mortgage calculator to determine a monthly payment and various factors that commercial mortgage lenders use to determine their rates, please see our blog article Using a Commercial Mortgage Calculator and How Lenders Determine Commercial Mortgage Rates.