Note Balloon Sample With Quantity In Hillsborough
Category:
State:
Multi-State
County:
Hillsborough
Control #:
US-00425BG
Format:
Word;
Rich Text
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Description
A Balloon Note is a Promissory Note that has one large payment (the balloon payment) that is due upon maturity. A balloon note will often have the advantage of a very low interest rate, thus requiring little capital outlay during the life of the loan. The major problem with such a loan is that the borrower needs to be self-disciplined in preparing for the large balloon payment due when the loan matures. Of course refinancing the note upon maturity is always a possibility.
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Can be used for traditional installments or balloon payment. Balloon Promissory Note: The borrower makes smaller payments initially, with a large "balloon" payment at the end of the loan term.The Tampa Hillsborough Expressway (THEA) recognizes the importance of ensuring our website is accessible to those with disabilities. Any development shall demonstrate conformance to design standards that will encourage sound development patterns within the township. A. Using Compensating Factors.