6 min read
Balloon Payments: The Loan Twist You Shouldn’t Ignore
6 min readA balloon payment is a large amount that must be paid at the end of a loan, after making smaller payments each month. This type of loan is often seen in real estate, car loans, and business loans. It starts with lower monthly payments but carries more risks. These loans might have higher […]Continue reading "Balloon Payments: The Loan Twist You Shouldn’t Ignore"