The required payments are the monthly instalments of principal and interest under the loan, until the balloon payment comes due in March. |
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A further balloon payment is also required upon the announcement that they are getting married. |
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However, unless you stump up the balloon payment at the end of the agreement, you never own the car. |
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A balloon payment is due when they turn 18 because of the assumption that college will help them become financially independent. |
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This is known as the minimum guaranteed future value or residual value, final or balloon payment. |
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It introduced a 'Red Carpet Option' that transfers ownership to the lessee immediately and requires a balloon payment at the end of the contract. |
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You are faced with losing your house in foreclosure or a huge balloon payment. |
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Last year, when a huge balloon payment came due on the mortgage, Forest City walked away. |
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If the seller requests a balloon payment at the end of 5 years, what would be the amount of the balloon? |
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All the advantages of traditional leasing coupled with a balloon payment to enable you to own the vehicle at the end of the lease period. |
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If you want to keep the vehicle, you can simply pay off or refinance the outstanding balloon payment. |
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Home equity loans are usually fixed rate loans, but are also available as adjustable rate, interest only and balloon payment loans. |
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The accrued amounts can sometimes be so large that the resale of the property in the year the debt is due will not yield enough to cover the balloon payment or balance due. |
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Pettitte's departure is one more nudge into the long winter that's been coming for these Yankees for so long, the balloon payment for all the good times. |
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Should the customer decide not to pay the balloon payment at the end of the interest-free period then it is time to renegotiate further monthly payments. |
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He was more than willing to extend the terms of the loan, but his boss decided to play hardball and demanded a balloon payment. |
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At the end of the contract, this final balloon payment is made and the vehicle becomes yours. |
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This is followed by 36 monthly payments of pounds 129 with an optional balloon payment of pounds 2,683 to keep the car at the end of the term. |
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The loan called for repayment in five years with amortization over 15 years and a balloon payment. |
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Although the balloon payment in this transaction comes after five years, an even later balloon payment could work. |
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Now, he said, haughtiness is as stylish as a balloon payment. |
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Despite this, the monthly repayments are still around the same level as competitors' PCP costs and at the end of the three years you own the car with no balloon payment. |
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