Balloon Mortgage Promissory Note | USA

Overview

This downloadable template is designed specifically for mortgage lenders in the United States seeking to prepare a Balloon Mortgage Promissory Note. The template is available in Microsoft Word format for ease of customization and use.

Monthly Payment Structure

Under the terms of this Balloon Mortgage Promissory Note, the borrower commits to making monthly payments toward the secured loan amount. These payments will continue until the designated date for the final payment.

Balloon Payment

On the date of the final payment, the borrower is required to pay a balloon payment. This payment consists of the entire remaining balance of principal and interest that is outstanding as of that date.

Security Interest

The Note is secured by a mortgage on the property owned by the borrower, providing assurance for the lender regarding repayment.

Intended Use and Availability

This template is intended solely for use within the United States. It is provided in a convenient MS Word format to facilitate easy access and editing by lenders.

Document Type: Microsoft Word
Last Updated: 15-September-2025
SKU: 6530
$2.50
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