Tap to get financing
HUD Loans
Loan Programs
FHA & HUD LoansHUD 221(d)(4)HUD 223(f)HUD 223(a)(7)HUD 241(a)HUD 232/223(f)Find Lenders, Faster
Calculators
Break-Even Ratio CalculatorCap Rate CalculatorCash-on-Cash Return CalculatorCommercial Mortgage CalculatorDebt Yield CalculatorDSCR CalculatorLoan Repayment CalculatorLTV CalculatorNOI Calculator
Resources
BlogMultifamily InsuranceLoan DocsHUD REAC InspectionsHUD Section 202 Supportive HousingHAP Contracts2024 HUD Multifamily Basic Statutory Limits
For Brokers About
(561) 556-1555
Get financing →
Interest Rates

Today’s rates for all major HUD multifamily loans
Check Today's Rates →

Newly Published
May 19 at HUD Loans
How to Build a Better HUD 221(d)(4) Offering Memorandum
May 8 at HUD Loans
The 2025 Developer's Guide to HUD Lender Matching
Nov 29 at HUD Loans
How the Office of Fair Housing and Equal Opportunity Affects Your Multifamily Investment
Explore the Janover Network
Apr 22 at Janover Inc. Investor Relations
Janover Inc. Announces Corporate Name Change to DeFi Development Corporation
Apr 16 at Janover Inc. Investor Relations
Janover Inc. to Host X Spaces Conversation on NAV Premiums
Apr 16 at Janover Inc. Investor Relations
Janover Partners with BitGo to Accelerate SOL Accumulation via Locked Token Markets
Was This Article Helpful?
3 min read

Commercial & Multifamily Mortgage Calculator

This commercial mortgage calculator can be used to determine monthly principal and interest payments for a commercial real estate loan.

In this article:
  1. Calculate Your Multifamily Mortgage Payments
  2. Calculator Determinations
  3. Balloon Payments
  4. Get Financing
Start Your Application and Unlock the Power of Choice Experience expert guidance, competitive options, and unparalleled industry expertise.
Click Here to Get Quotes →
$5.6M offered by a Bank$1.2M offered by a Bank$2M offered by an Agency$1.4M offered by a Credit UnionClick Here to Get Quotes!

Note: The monthly payment figure given as a result only represents the principal and interest portion of a loan payment.

Calculate Your Multifamily Mortgage Payments

An invaluable tool for multifamily investors is a commercial mortgage calculator, which is utilized to provide a simple estimate of the monthly payments that will be owed on a commercial real estate mortgage, broken down into interest and principal values.

Using the calculator is easy, regardless of a borrower’s level of experience with commercial financing. The only figures needed are the loan amount and interest rate, along with the amortization and term length. Simply input these figures into the designated fields to see the expected monthly payment figure over time.

Given the vast differences between lenders, loan products, and borrowing scenarios, the actual monthly payment amount tends to include items like escrow for taxes, replacement reserves, etc. factored into each monthly payment to be made over the life of a loan. Borrowers must pay great attention to these figures in order to get a more precise estimation of expected monthly payments. 

The loan calculator is particularly helpful while shopping around for properties in order to determine affordability. The calculator is also an incredibly useful tool when refinancing an existing multifamily property loan.

An amortization schedule included with the calculator depicts the proportions of interest versus principal of each payment over the selected term (while the value of each monthly payment remain the same, the interest portion typically starts high and is gradually reduced over the life of a loan, with the very last payments on a note being comprised of mostly, if not all, principal), which is an often overlooked or underplayed aspect when calculating monthly payments. There are quite a few cases in which the amortization impacts the borrower more than the actual interest rate. 

Calculator Determinations

  • Principal and interest (P&I) payments

  • Interest-only payments

  • Balloon payments

  • The principal represents your loan amount. The principal value is often one of the first figures discussed, but it truly depends on the scrutiny of a borrower’s current finances and future business prospects, and how all of that put together affects eligibility. There are other key considerations when factoring the principal amount, like how much revenue the property will yield. This metric, referred to as net operating income, is almost always a heavy point of scrutiny for lenders. In addition, the loan amount compared to the value of the property, or its loan-to-value ratio (LTV), plays a significant role in loan eligibility as well. 

    In terms of interest, while there is no definitive correlation, the industry’s median interest rate for commercial property loans sits approximately 3% above the federal rate. This observation aside, the amount of interest that will be charged to any particular loan is largely dependent on the borrower’s financial strength and credit score, and the financial profile of the property in question. 

    Loan terms for apartment properties typically range between 15 and 30 years. The loan term will affect the size of each expected monthly installment as well as how much interest would have been paid at the completion of repayment on the loan.

    Balloon Payments

    A balloon payment typically sees the borrower paying off the loan in small increments over the life of the loan, and then saddling them with a much larger “balloon” payment, usually at the end of the loan term.

    An underprepared borrower can suffer huge losses to their finances from unexpected balloon payments, so due diligence must be done to ensure that if the loan product does include a balloon payment schedule, the borrower can handle these payments with ease throughout the duration of the loan.

    In this article:
    1. Calculate Your Multifamily Mortgage Payments
    2. Calculator Determinations
    3. Balloon Payments
    4. Get Financing

Getting commercial property financing should be easy.⁠ Now it is.

Click below for a free, no obligation quote and to learn more about your loan options.

Get financing →

Janover: Your Partner in Growth

At Janover, we offer a wide range of services tailored to your unique needs. From commercial property loans and LP management to business loans and services for lenders, we're here to help you succeed.

Learn more about Janover →
Commercial Property Loans

Get the best CRE financing on the market.

Explore Financing Options →
LP Management

Syndicate deals on autopilot with Janover Connect.

Discover LP Management →
Business Loans

Match with the right kind of loan, in record time.

Find Business Loans →
For Lenders

Supercharge your loan pipeline. Unlock more deals.

Boost Your Loan Pipeline →
HUD Loans

HUD Loans is a Janover company. Please visit some of our family of sites at: Multifamily Loans, Commercial Real Estate Loans, SBA7a Loans, HUD Loans, Janover Insurance, Janover Pro, Janover Connect, and Janover Engage.

Janover Tech Inc.

6401 Congress Ave
Ste 250
Boca Raton FL 33487
(561) 556-1555 
hello@hud.loans

HUD 221(d)4
HUD 223(f)
DSCR Calculator
Multifamily HUD Loans
Commercial Mortgage Calculator
Commercial Mortgage Rates
HUD Loan Guide for your State
For Commercial Mortgage Brokers

Site Information

Privacy Policy
Terms of Use


For Commercial Mortgage Brokers

This website is owned by a company that offers business advice, information and other services related to multifamily, commercial real estate, and business financing. We have no affiliation with any government agency and are not a lender. We are a technology company that uses software and experience to bring lenders and borrowers together. By using this website, you agree to our use of cookies, our Terms of Use and our Privacy Policy. We use cookies to provide you with a great experience and to help our website run effectively.

Freddie Mac® and Optigo® are registered trademarks of Freddie Mac. Fannie Mae® is a registered trademark of Fannie Mae. We are not affiliated with the Department of Housing and Urban Development (HUD), Federal Housing Administration (FHA), Freddie Mac or Fannie Mae.

This website utilizes artificial intelligence technologies to auto-generate responses, which have limitations in accuracy and appropriateness. Users should not rely upon AI-generated content for definitive advice and instead should confirm facts or consult professionals regarding any personal, legal, financial or other matters. The website owner is not responsible for damages allegedly arising from use of this website's AI.

Copyright © 2025 Janover Tech Inc. All rights reserved.

+

Fill out the form below and get the pricing and terms banks can't compete with.