Balloon Mortgage

Recent Balloon Mortgage Questions

• What is a balloon mortgage?

  3 days ago, 3:26pm - A balloon payment mortgage is a mortgage which does not fully...

• Maya obtains a $423,000 30/10 balloon mortgage with a rate of 5.65%. What will her monthly payments be?

  Nov 15 2011, 12:18am - For answers to all of your math problems and equations visit ...

• Are ARM and balloon mortgages good options for people with bad credit?

  Oct 28 2011, 10:51am - Balloon and ARM mortgages usually have a lower interest rate,...

• What are the types of loan mortgages?

  Oct 24 2011, 3:29pm - There are many types: Balloons, ARMS, Fixed Rate, Conventiona...

• Hello! Ask usFrank obtained a balloon mortgage but skipped a few payments during the period of the loan. Which of the following is an unlikely optio Anything?

  Jun 22 2011, 4:07pm - That is called a "Fixed Loan" both the term and the interest ...

• If a 7/23 balloon mortgage with an interest rate of 4.5% to purchase a house for $204,000. What will be her monthly?

  Jun 22 2011, 3:56pm - Your Monthly Payment for 7 Years will be $ 1033.64 for a $204...

• What is one advantage and one disadvantage from a balloon mortgage?

  May 20 2011, 10:14am - With a Balloon Mortgage you will have lower monthly payments ...

• What is the type of credit agreement wherein the last payment is much larger than the regular monthly payments?

  Mar 31 2011, 9:33am - A balloon payment is a type of credit agreement in which the ...

• What is the longest term you can get a mortgage for in the US?

  Jan 30 2011, 6:07pm - The longest term available is a 50-year mortgage. These are t...

• What does it mean when a mortgage loan balloon's?

  Sep 21 2010, 12:59pm - A loan repaid in regular installments with a single larger fi...

• What is a balloon rate mortgage?

  Aug 14 2010, 2:59am - In some respects, a balloon loan looks very much like a 30-ye...

• What are two major causes of the current US recession?

  Aug 06 2009, 4:09am - One cause of the recession is the sub prime mortgage market. ...

• What are three major types of home mortgages?

  Jun 18 2009, 12:13pm - Major types of home mortgages: 1. Fixed Rate Mortgage. 2. Adj...

• What is the best online mortgage calculator that calculates interest only and balloon payments?

  Apr 21 2009, 5:48pm - Bankrate.com provides a FREE mortgage calculator tool to help...

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