Trending Payment Services Discussions

Follow

Ask the Community


Ask any professional question and get answers from other specialists.

Stream language
Mubasshir Hasan Madni's image
Question added by Mubasshir Hasan Madni Finance Manager TECHNICAL VEINS CONT. EST.
9 years ago
Answers:
2
Followers:
Views:
239
Vote Count:
0
Answer should contain a minimum of 25 characters.
Abhi Sen Gupta's image
Question added by Abhi Sen Gupta Head - Alliance & Partner Relations Quess Corp Limited
7 years ago
Answers:
0
Followers:
Views:
19
Vote Count:
0
Answer should contain a minimum of 25 characters.
alinani kauseni's image
Question added by alinani kauseni
8 years ago
Answers:
0
Followers:
Views:
17
Vote Count:
0
Answer should contain a minimum of 25 characters.
Hameed Owoyemi's image  
Answer added by  Hameed Owoyemi, Financial Accountant, Havilah Merchants Nigeria Limited
9 years ago

A balloon payment mortgage is a mortgage which does not fully amortize over the term of the note, thus leaving a balance due at maturity. The final payment is called a ba ... See More

sulaiman muhammad shah fatmi fatmi's image  
Answer added by  sulaiman muhammad shah fatmi fatmi, accounts officer, Hussain Enterprises
9 years ago

An oversized payment due at the end of a mortgage, commercial loan or other amortized loan. Because the entire loan amount is not amortized over the life of the loan, t ... See More