Note Balloon Sample For Powerpoint In Florida
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State:
Multi-State
Control #:
US-00425BG
Format:
Word;
Rich Text
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Description
A Balloon Note is a Promissory Note that has one large payment (the balloon payment) that is due upon maturity. A balloon note will often have the advantage of a very low interest rate, thus requiring little capital outlay during the life of the loan. The major problem with such a loan is that the borrower needs to be self-disciplined in preparing for the large balloon payment due when the loan matures. Of course refinancing the note upon maturity is always a possibility.
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Send balloon payment promissory note example via email, link, or fax. You can also download it, export it or print it out.1 Sample Balloon Mortgage (Supplement p. This activity includes 4 templates that your students can colour, draw and write to complete!