Julia Vakulenko

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SUN CITY CENTER, FL

912 LA JOLLA AVENUE, SUN CITY CENTER FL 33573 listing
  • $354,900
  • 3 Beds
  • 2 Baths
  • 1,771 Sq.Ft.

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Am I better off refinancing? - Tampa Finance and Mortgage Calculators

A balloon payment is a final payment you make on your mortgage loan that is much larger than the monthly payments you have made on the loan up until that time. The year in which the balloon payment is made is called the balloon year. A balloon payment occurs when a loan is amortized over a longer term than the loan rate.

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