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"A balloon note is a long-term loan that has one large payment (the balloon payment) due upon..."

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A balloon note is a long-term loan that has one large payment (the balloon payment) due upon maturity. It often has the advantage of very low interest payments, and smaller installments, thus requiring very little capital outlay during the life of the loan. There may be additional smaller payments at regular intervals before and/or after the balloon payment. The balloon note can be used for a mortgage loan and car auto loan with a balloon payment calculator and a amortization schedule.

 
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Balloon Note
Version:5.1
File Size:102 KB
Last updated:2008-05-15
License:Freeware   $0.00
OS:Win 3.1x,Win95,Win98,WinME,WinNT 3.x,WinNT 4.x,Windows2000,WinXP,Windows2003
Author:Balloon Note
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