What can go wrong however when 5 years pass you realize you, Ask an Expert

Management Studies

You find a great deal for your house! The bank agrees to give you a 5 year loan where you only pay $100 a month, and at 0% interest. What can go wrong? However, when 5 years pass you realize you agreed to a balloon mortgage, and the rest of that loan is due right now. How much do you need to pay for your final (60th) payment?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9683960

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