| If the seller requests a balloon payment at the end of 5 years, what would be the amount of the balloon? |
| A further balloon payment is also required upon the announcement that they are getting married. |
| This is known as the minimum guaranteed future value or residual value, final or balloon payment. |
| Home equity loans are usually fixed rate loans, but are also available as adjustable rate, interest only and balloon payment loans. |
| A balloon payment is due when they turn 18 because of the assumption that college will help them become financially independent. |
| The required payments are the monthly instalments of principal and interest under the loan, until the balloon payment comes due in March. |
