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What else can I help you with?
What mortgage type typically offers low rates for an initial period of time after which the entire balance is due?
balloon mortgage
Balloon payment you have a balloon mortgage payment and you lost your job how can you get help?
I have a balloon mortgage payment and i lost my job how can i get help
Is a balloon mortgage the same as a mortgage?
No. A balloon mortgage is a relatively short term mortgage with a huge payment due at the end of the term. A mortgage is generally for a longer term with uniform payments for the life of the mortgage unless it is an adjustable rate mortgage. In that case the interest rate increases after the first couple of years and the payments go up.
Which of the following financing options will take the longest amount of time to pay off the mortgageA.Balloon mortgage with balloon payment paid in fullB.Balloon mortgage with balloon payment refinanced at lower rateC.30 year fixed mortgage D.7/1 ARM?
B. balloon mort with balloon payment refinanced at lower rate
What does 'balloon mortgage' mean?
The term 'balloon mortgage' refers to a type of loan where one pays off the majority of the capital at the end of the term. You pay the interest in the meantime.
What mortgage type typically offers low rates for an initial period of time after which the entire balance is due?
balloon mortgage
Balloon payment you have a balloon mortgage payment and you lost your job how can you get help?
I have a balloon mortgage payment and i lost my job how can i get help
What are the potential risks associated with using an ear balloon to treat Eustachian tube dysfunction?
Using an ear balloon to treat Eustachian tube dysfunction may pose risks such as ear pain, bleeding, infection, and perforation of the eardrum. It is important to consult with a healthcare professional before undergoing this procedure to understand the potential risks and benefits.
What is meant by balloon mortgage in Anchorage, AK?
Regardless of location a balloon mortgage is when you have a large final payment at the end of the loan period.
In what situation would you need to know about a loan calculator balloon?
If you have a balloon mortgage, you would need to know about a loan calculator balloon. A balloon mortgage is a mortgage in which monthly payments are due for a period of time and then the remainder is due all at once as a balloon payment. These types of mortgages typically offer reduced interest rates due to their terms.
It maybe required when a mortgage matures?
A balloon payment may be required when you mortgage matures.
Is a balloon mortgage the same as a mortgage?
No. A balloon mortgage is a relatively short term mortgage with a huge payment due at the end of the term. A mortgage is generally for a longer term with uniform payments for the life of the mortgage unless it is an adjustable rate mortgage. In that case the interest rate increases after the first couple of years and the payments go up.
Which of the following financing options will take the longest amount of time to pay off the mortgageA.Balloon mortgage with balloon payment paid in fullB.Balloon mortgage with balloon payment refinanced at lower rateC.30 year fixed mortgage D.7/1 ARM?
B. balloon mort with balloon payment refinanced at lower rate
What does 'balloon mortgage' mean?
The term 'balloon mortgage' refers to a type of loan where one pays off the majority of the capital at the end of the term. You pay the interest in the meantime.
Would the air in an inflated balloon be potential energy?
Yes, the air in an inflated balloon has potential energy due to the elastic potential energy stored in the balloon's stretchy material. When the balloon is released, this potential energy is converted into kinetic energy as the air rushes out.
Can you pay off a balloon loan early?
Yes, you can pay off a balloon loan early by making a lump sum payment of the remaining balance before the final balloon payment is due. This can help you save on interest costs and avoid potential financial risks associated with the balloon payment.
Is an inflated balloon kinetic or potential?
I'd say that an inflated balloon would be strain, but could you specify what potential energy? Chemical potential? Gravitational potential?
