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	<title>Ukmortgage &#187; Payment Mortgages</title>
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		<title>Balloon Payment Mortgage</title>
		<link>http://www.ukmortgage.net/balloon-payment-mortgage/</link>
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		<pubDate>Fri, 19 Feb 2010 15:43:36 +0000</pubDate>
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				<category><![CDATA[UK Mortgages]]></category>
		<category><![CDATA[30 Year Fixed Rate]]></category>
		<category><![CDATA[30 Year Fixed Rate Mortgage]]></category>
		<category><![CDATA[Amortized Loan]]></category>
		<category><![CDATA[Balloon Mortgage]]></category>
		<category><![CDATA[Balloon Mortgages]]></category>
		<category><![CDATA[Balloon Payment]]></category>
		<category><![CDATA[Borrowers]]></category>
		<category><![CDATA[Due Date]]></category>
		<category><![CDATA[Fixed Rate Mortgage]]></category>
		<category><![CDATA[Initial Interest Rates]]></category>
		<category><![CDATA[Interest Rate]]></category>
		<category><![CDATA[Loan Products]]></category>
		<category><![CDATA[Mortgage Interest]]></category>
		<category><![CDATA[Mortgage Products]]></category>
		<category><![CDATA[Mortgage Term]]></category>
		<category><![CDATA[Payment Mortgage]]></category>
		<category><![CDATA[Payment Mortgages]]></category>
		<category><![CDATA[Second Mortgages]]></category>
		<category><![CDATA[Seven Years]]></category>
		<category><![CDATA[Year Fixed Rate Mortgage]]></category>

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		<description><![CDATA[The other term for a balloon payment mortgage is a partially amortized loan. Balloon payment mortgage is when your liability or obligation is only partially amortized, leaving the rest to be paid upon the completion of the term. Because the initial interest rates and monthly payments are lower, a balloon payment mortgage is paid off [...]


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