Balloon payment mortgage
6:09
Khan Academy
Balloon payment mortgage
Explore the mechanics of balloon payment mortgages in this video, including how they work and in what situation a balloon payment loan might be advantageous and when it might work against you.
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What happens when a balloon mortgage comes to term? 👉🏼All things creative finance in the free group, comment JOIN for the link👈🏼 When you have a balloon, typically refinancing is the strategy. When you refinance, however, you have to take current interest rates into consideration. But what if rates are higher when the balloon ends? Learn all things creative finance in the free group 👉🏼Comment JOIN to get the link👈🏼 #creativefinance #realestateinvesting #pacemorby #balloonmortgage That’s
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