Loans

Partially Amortized Loan – Balloon Mortgages

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Partially Amortized Loan – Highest Rated?

This video explains what a balloon mortgage is and provides an example to illustrate how balloon mortgages work. The video also discusses how balloon mortgages compare to ARM loans, and how balloon mortgages can expose the borrower to significant risk if interest rates increase substantially.


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10 Comments

  1. Emmit Varitimos
    July 30, 2021 at 2:10 pm

    I wish you calculated how you got to $121,837

  2. Julian Cruz
    July 30, 2021 at 2:10 pm

    Thank you 👍

  3. Faizan Haque
    July 30, 2021 at 2:10 pm

    great work, very helpful

  4. SONIA RODRIGUEZ
    July 30, 2021 at 2:10 pm

    Most States don't allow this..I did my homework .. Go to your COURT library

  5. SONIA RODRIGUEZ
    July 30, 2021 at 2:10 pm

    This is fraudulent, and it's called a predetary loan. Who the hell has a balloon payment. Who has this 💰

  6. FoodLiquorCool
    July 30, 2021 at 2:10 pm

    How did you calculate 122,837? I thought none of the principal had been laid down until year 7?

  7. Fiftys Lady
    July 30, 2021 at 2:10 pm

    Thank you so much! You're a great teacher

  8. Aaa Bbb
    July 30, 2021 at 2:10 pm

    Wow a total rip off

  9. Happy So
    July 30, 2021 at 2:10 pm

    Amazing explanation!!!! Bravo!

  10. Joey Monroig
    July 30, 2021 at 2:10 pm

    wow awesome i still cant see how you got the balloon payment.