When you start looking at loans, all the different options can be confusing. A balloon mortgage is a specific type of home loan that requires you to make a large payment — hence, the name “balloon” — ...

More South Africans are turning to balloon payments to drive off in new cars with lower monthly instalments. But the deal comes with a catch. “Lowering your monthly repayments can help you to stretch ...

When you lease a new car, you have many options for a payment method that works for you, your budget, and your lifestyle. One of these options is a balloon loan payment. While this method can save you ...

A balloon mortgage involves making small payments for a set period, followed by one large balloon payment at the end of the loan term. Balloon mortgages can be risky for borrowers, as they may ...

Balloon payments are large, end-of-term payments on loans that only partially amortize over their term. These loans can increase initial purchasing power but risk foreclosure if the balloon payment ...