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What is a balloon loan?
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Asked 2/12/2012 6:29:13 PM
Updated 4/3/2015 4:31:56 PM
1 Answer/Comment
Flagged by alfred123 [4/3/2015 2:25:18 PM], Edited by Andrew. [4/3/2015 4:31:56 PM]
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User: What is a balloon loan?

Question
Asked 2/12/2012 6:29:13 PM
Updated 4/3/2015 4:31:56 PM
1 Answer/Comment
Flagged by alfred123 [4/3/2015 2:25:18 PM], Edited by Andrew. [4/3/2015 4:31:56 PM]
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A balloon loan is a type of loan which does not fully amortize over its term.
Added 4/3/2015 2:25:15 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [4/3/2015 4:31:57 PM]
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