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What Is a Ballon Payment?

What is a ballon payment?



Member advice on What Is a Ballon Payment?  
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by Bryan_Carey

Bryan_Carey is a Top Reviewer on Epinions 		May 29 '01 Balloon Mortgages Can Burst Your Financial Bubble!
A balloon mortgage can save you some money in the short run, but they carry many risks and should be approached with caution. ... read full review 		Very Helpful
by kristinafh
 May 24 '03 Balloon Mortgages - A Surprise Right Around The Corner
Right for some people - just not me at this moment.... read full review 		Very Helpful
by carnut2k4
 Oct 17 '04 You're full of Hot Air!
This isn't for most people.... read full review 		Very Helpful
by jsquarejj
 Feb 28 '01 The dreaded balloon payment
A balloon payment is an extra large, one might say inflated, payment used to pay off a loan. A balloon note is another option for your next mortgage or refinance.... read full review 		Very Helpful
   

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