Some loans are fully amortized, whereas others might have interest - only payments with a final balloon payment at the end of the term. (valuepenguin.com)
This means that each monthly payment will be the same until a final balloon payment at the end of the loan term. (valuepenguin.com)
What I didn't include in the spreadsheet is the final balloon payment of an investment senior employees had to make in 2009. (financialsamurai.com)