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A balloon payment is an amount you agree to pay your lender at the end of the loan term, lowering the amount interest is charged on. This balloon payment calculator can provide an indication of the impact the balloon payment can have on your repayments and total interest payable.
For more information about balloon payments or whether it is the right strategy for you, reach out to your adviser.
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Company Number: 4313118 | NZ Financial Services Group Limited (FSP286965)
The information provided on this site is on the understanding that it is for illustrative and discussion purposes only. Whilst all care and attention is taken in its preparation any party seeking to rely on its content or otherwise should make their own enquiries and research to ensure its relevance to your specific personal and business requirements and circumstances. Terms, conditions, fees and charges may apply. Normal lending criteria apply. Rates subject to change. Approved applicants only.
*Your adviser may charge a fee to cover additional time required by their team. Any fees will be discussed with you in advance so you can make an informed decision before proceeding with your application.
