Note Balloon Sample With Quantity In Riverside
Category:
State:
Multi-State
County:
Riverside
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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Samples: Submit, in airtight containers, 10 lb. Sample of each type of fill to testing laboratory.How to Get a Dining Plan. A "balloon payment" is the final installment of a loan to be paid in an amount that is disproportionately larger than the regular installment.