Balloon payment calculator
Use the balloon payment calculator to understand the impact that a balloon payment will have on your monthly loan repayments and the total amount of interest you’ll be required to pay.
Impact of balloon payments
Typically people use balloon payments to lower the cost of their repayments at the start of the loan period. Balloon payments will impact on the amount of interest you pay too, so it’s important to compare your options before making a decision. Give us a call and we can chat through your options.