Calculators

Amortizing and interest-only payment math for a commercial loan: monthly and annual debt service, total interest over...

Amortizing and interest-only payment math for a commercial loan: monthly and annual debt service, total interest over the term, and the balloon balance at maturity when the term is shorter than the amortization (the normal CRE case — a 10-year term on a 30-year schedule).

post/api/v1/tools/calculate_payment

Request

  • Base URL: https://relendi.com
  • URL: https://relendi.com/api/v1/tools/calculate_payment
  • Auth: none declared

Request body

loanAmountnumber required
ratenumber required

DECIMAL (0.0725 = 7.25%)

amortizationYearsinteger
termYearsnumber

Balloon at this point

interestOnlyboolean

Response

The computed result.

tool'calculate_payment' required
deterministicboolean
resultobject required

Result fields: monthlyPayment, annualDebtService, interestOnly, amortizationYears, termYears, totalInterestOverTerm, balloonBalance, totalPaidOverTerm, note.

Changes

No recorded changes to this operation across all 1 revision of this API.