Ignite FB Tracking PixelTag: Financing - Mary Kay Daughters/ Jeff Brown
Hoffman International Properties LLC
Mary Kay Daughters/ Jeff Brown, Hoffman International Properties LLCPhone: (203) 273-3743
Email: [email protected]

Tag: Financing

Posted on 03/21/2021
How Does a Balloon Mortgage Work?
Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...
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