The Creo Balloon Note with quantity in Houston is a specialized promissory note that outlines the terms of a loan agreement between a borrower and a lender. This form specifies the total loan amount, interest rate, and payment structure, which includes regular monthly installments followed by a final balloon payment. Key features include provisions for prepayments, default consequences, and adherence to usury laws, ensuring that interest rates stay within legal limits. Users can edit various sections to fill in specific details such as lender information, payment amounts, and dates. This document is particularly useful for attorneys, partners, and business owners looking to formalize loan agreements or secure financing. Paralegals and legal assistants may benefit from having a clear structure to facilitate quick and accurate completion. Furthermore, understanding the implications of default and prepayments can aid users in advising clients on financial planning. Overall, the Creo Balloon Note is a vital tool for professionals involved in real estate or business financing in Houston.