Over 700 finance terms, Shmooped to perfection.
When a balloon loan comes due. At this point, you have to make your big final payment (balloon loans let you pay a little bit at a time and then a bigger lump sum at the end).
danielnieh 6 minutes ago
Hello daniel. i am daniel. i would like to eat some cake because I'm hungry.
This is another message I am typing.
Me just now
this is my message bubble. i like to ride motorcycles because i eat chocolate.