Sentences with phrase «about balloon payments»

Finally, the APR won't tell you anything about balloon payments and prepayment penalties or how long your rate is locked for.

Your commented that we're not «underwater» due to the market value of the house, therefore there's no need for a short sale, but What about the balloon payment?.

Not exact matches

When you buy or sell a house, the real estate lawyers make you initial every page of the P&S, as if you've actually read the fine print about lead paint, balloon payments, easements, etc..

And clearly no real estate agent has EVER misled a client about how easy it will be to pay off a loan or a «balloon payment».

With our home equity line of credit, there's no balloon payment to worry about.

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Years before no - down - payment and balloon mortgages became the bankers» favorite toy to hook unsuspecting buyers with, writers Marc Eisenson and Nancy Castleman were warning readers about how not to get taken for a ride in mortgage negotiations.

If you look long enough you'll find articles about Indexed Universal Life policies that give horrendous examples of balloon premium payments that are $ 10,000 to even $ 50,000 a year.

If your loan includes a balloon payment, ask your lender about your other options.

If you're considering a balloon loan, you need to think about whether and how you can make the balloon payment when it comes due.