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.
Finally, enter a monthly prepayment amount (if applicable) and choose whether or not you would like an amortization schedule included in the results, and then click the Calculate Balloon Payments button. Mouse over the blue question marks for a further explanation of each entry field.