What is Bullet Repayment?
Learn about bullet loans, also known as balloon loans, where borrowers make interest-only payments during the loan term and face a large lump sum repayment at maturity. This video explains the benefits of low monthly payments, the risks of the final balloon payment, and strategies to manage bullet loans effectively. Understand the refinancing options and the impact on cash flow compared to traditional loans. Stay informed about potential pitfalls and how to prepare for bullet loan repayments without financial distress.
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