Aircraft Loan Calculator
Enter the aircraft price, down payment, rate and term to see your monthly payment, total interest and a full amortization schedule — including balloon and extra-payment scenarios.
Advanced Aircraft Loan Calculator
Real-time calculation with sliders for easy parameter adjustment
Aircraft Price & Down Payment
Loan Terms
Loan Summary
Want lenders to price this exact scenario?
Send these numbers to a financing specialist. No credit check to submit; typical reply within 1–3 business days.
How the calculation works
The calculator uses the standard fixed-rate amortization formula. Each month, interest is the outstanding balance × (APR ÷ 12); the rest of the payment reduces principal. Early payments are mostly interest. Balloon scenarios compute the payment over the amortization period and show the balance due at the end of the term.
Results are principal and interest only. Lenders also look at insurance, taxes and your other debts when they decide how much you can borrow — see aircraft loan requirements and current rates.
Frequently asked questions
How is an aircraft loan payment calculated?
The payment uses the standard amortization formula: payment = P × r ÷ (1 − (1 + r)^−n), where P is the loan amount, r the monthly rate (APR ÷ 12) and n the number of months. For example, $212,500 at 7.75% for 20 years is about $1,745 per month.
What interest rate should I enter?
As of September 2026, lenders publish piston aircraft loan rates of about 6.99%–9.99% APR. Strong credit, 20%+ down and a popular certified single price near the low end; older aircraft, twins and experimentals price higher. See current rates for detail.
How does a balloon option change the payment?
A balloon loan calculates payments over a longer amortization than the actual term, leaving a lump sum due at maturity. The monthly payment drops, but you must refinance, sell or pay the balance when the term ends.
Should I make extra principal payments?
Extra principal shortens the loan and cuts total interest, and most aircraft loans allow it — but confirm there is no prepayment penalty, and keep enough cash for maintenance surprises before prepaying.