Balloon payment mortgage
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🚗💸 What You Need to Know About Balloon Payments! 💸🚗 Thinking about a balloon payment for your next car? Here’s what you NEED to know before signing that deal! 🛞 🎯 How It Works: - Smaller monthly payments now 💰 - A BIG lump sum payment at the end! 😱 🌟 Pros: - Affordable monthly payments make driving your dream car possible 🚗✨ - Flexible options: Pay, refinance, or trade in at the end. ⚠ Cons: - That final balloon payment can be a BIG shock! - You might owe more than the car is worth if
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Did you know a balloon payment can help reduce your monthly instalments BUT you pay more in interest? Read more to find out how it works: https://learnsomethingnew.co.za/?s=balloon | WesBank
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