Guinness, Ireland's dark, velvety meal in a glass, is launching a significantly lighter, blonder version of itself in a bid to try and appeal to American palates. Next month, US beer stores will begin stocking the Guinness Blonde American Lager, pitched as the Americanized version of the iconic Irish stout.
What is a balloon payment? Quite simply, a balloon payment is a lump sum payment that is attached to a loan. The payment, which has a higher value than your regular repayment charges, can be applied at regular intervals or, as is more usual, at the end of a loan period.
Here goes... You can solve for either the Monthly Payment and Balloon Payment or the Balloon Payment Only.When you solve for the Monthly & Balloon payments, fill in the first three fields only. The payment is based on a 30 year loan.When you solve for the Balloon Only payment, fill in the first four fields. You can make the payment whatever you want. Therefore, it acts like a payoff calculator.Study the examples below. I think they will make it a bit more clear.