When you start looking at loans, all the different options can be confusing. A balloon mortgage is a specific type of home loan that requires you to make a large payment — hence, the name “balloon” — ...

Mention a balloon mortgage, and you might picture a house soaring through the sky, lifted by a bunch of colorful balloons—just like in the movie “Up.” But don’t let the whimsical name fool you—a ...

Negative amortization increases loan balances when interest payments are missed. Learn how it affects loans, exposure to risks, and real-life scenarios.