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A large extra payment that may be charged at the end of a loan or lease is called?
Wiki User
∙ 11y ago
ARM an adjustable rate mortage
Wiki User
∙ 11y ago
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What does the concept of ballooning refer to?
A balloon payment mortgage does not fully amortize over the term of the note. Because of this, a balance is due at the time of maturity. The final payment is called a "balloon payment" because of its large size.
Can you make payment arrangements to pay a pay day loan and then stop payment on the check so you are not charged bank fees?
You will be charged bank fees for stopping payment on a check, but you might be able to talk to the bank to avoid fees for insufficient funds, if you somehow paid this same bill twice when you used online bill pay. You probably should pay the bank a visit so you understand the process better and they could help with the double payment. You cannot legally stop payment on a check that has been rendered to pay a valid debt. This is especially true of a pay day loan, as the lender includes in their agreement that any such action will result in the borrower being charged a large penalty fee. The best option is to make sure you have sufficient funds to cover the payment that has been rendered and try to work out a lesser payment agreement with them in the future.
What is a balloon payment?
A balloon payment is a large, lump sum payment made either at specific intervals, or more commonly, at the end of a long-term balloon loan
What term refers to a large final payment due at the end of a loan?
Balloon Payment
What terms refers to a large final payment due to the end of a loan?
Balloon payment
Why would two grades of eggs be needed?
There are extra large, large, medium and small hen eggs on sale - and the size governs the price charged per half dozen.
What are large positively charged subatomic particles called?
Strictly speaking, there is more than one kind of large, positively charged subatomic particle, but the one that matters the most is the proton.
How do you understand shirt size label?
are you small medium large extra large extra extra large extra extra extra large etc. go try them on in the fitting room
Are extra large tires called plus sized tires?
Yes, extra large tires are referred to as plus sized. The correct industry term is wheel plus sizing. I do not think the tire would mind being called fat.
Is a dress size 14 considered a large or extra large?
extra large . . . fattie!
What does the concept of ballooning refer to?
A balloon payment mortgage does not fully amortize over the term of the note. Because of this, a balance is due at the time of maturity. The final payment is called a "balloon payment" because of its large size.
How much is a large and x large cheese pizza and a large and extra large pineapple and pepperoni pizza cost?
d extra large cheese pizza and a large and extra large pineapple and pepperoni pizza?
What are positively charged subatomic particle called?
Strictly speaking, there is more than one kind of large, positively charged subatomic particle, but the one that matters the most is the proton.
Does Victoria's Secret make extra large sizes?
Yes, there is a plus size victorias secret that i do believe has a line called large and lovely
When did Shrek Extra Large happen?
Shrek Extra Large happened in 2002.
What is the cost of a large egg?
the cost of an extra large egg has the same cost on an extra large DICK
What are gliders on the airplane?
Gliders are aircraft that have extra large wingspans and no motor. This sport is called soaring or gliding.
