What Is a Balloon Payment Lease? A balloon loan payment lease is an agreement where the buyer agrees to make a larger-than-average payment amount at the end of the lease. The buyer makes smaller ...

What Is a Balloon Payment? A balloon payment is the final amount due on a loan that is structured as a series of small monthly payments followed by a single much larger sum at the end of the loan ...

Wesbank CEO Chris de Kock notes that 95% of car purchase agreements finalised by Wesbank are now 72-month contracts, spread over six years, and of those, 35% include a residual or balloon payment ...