Partially Amortized Loan – Balloon Mortgages
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.
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD.
Edspira’s mission is to make a high-quality business education accessible to all people.
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS & OTHER FREE GUIDES
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast/scheme/id1522352725
* Spotify: https://open.spotify.com/show/4WaNTqVFxISHlgcSWNT1kc
* Website: https://www.edspira.com/podcast-2/
CONNECT WITH EDSPIRA
* Website: https://www.edspira.com
* Instagram: https://www.instagram.com/edspiradotcom
* LinkedIn: https://www.linkedin.com/company/edspira
* Facebook: https://www.facebook.com/Edspira
* Reddit: https://www.reddit.com/r/edspira
CONNECT WITH MICHAEL
* LinkedIn: https://www.linkedin.com/in/prof-michael-mclaughlin
* Twitter: https://www.twitter.com/Prof_McLaughlin
* Instagram: https://www.instagram.com/prof_mclaughlin
* Snapchat: https://www.snapchat.com/add/prof_mclaughlin
HIRE MCLAUGHLIN CPA
* Website: http://www.MichaelMcLaughlin.com/hire-me