Balloon Mortgages

This video explains what a balloon mortgage is and provides an example to illustrate how balloon mortgages work. The video also discusses how balloon mortgages compare to ARM loans, and how balloon mortgages can expose the borrower to significant risk if interest rates increase substantially.
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[@joeymonroig7067]

wow awesome i still cant see how you got the balloon payment.

[@dylanmenard2441]

kzbin.info/www/bejne/Y3uUcp5ogbGsiNE

[@juliancruz5116]

Thank you 👍

[@faizanhaque2070]

great work, very helpful

[@fiftyslady8945]

Thank you so much! You're a great teacher

[@chookchack]

Wow a total rip off

[@soniarodriguez000]

This is fraudulent, and it's called a predetary loan. Who the hell has a balloon payment. Who has this 💰

[@car87maniac]

It can work as long as house prices are increasing.

[@happyso3804]

Amazing explanation!!!! Bravo!

[@emmitvaritimos9953]

I wish you calculated how you got to $121,837

[@soniarodriguez000]

Most States don't allow this..I did my homework .. Go to your COURT library

[@FoodLiquorCool]

How did you calculate 122,837? I thought none of the principal had been laid down until year 7?

[@Kobayashi.original]

I don’t understand how he got the 121837 as well.....

[@dylanmenard2441]

kzbin.info/www/bejne/Y3uUcp5ogbGsiNE