Ping An Bank Balloon Loan refers to the repayment method that the borrower repays the loan principal and interest in installments within the loan period according to the total repayment period agreed with Ping An Bank, and repays the remaining principal and interest in one lump sum on the last repayment date within the loan period.

You can set a shorter repayment period (such as 5 years) to enjoy the interest rate of short-term loans, but you can calculate the monthly payment according to a longer repayment period (such as 30 years), so you can enjoy both low interest rate and low monthly payment, and the remaining principal will be repaid in one lump sum when the loan expires, without paying the penalty interest for early repayment.

Balloon loan repayment methods mainly include: balloon loan in average capital, balloon loan in average capital, balloon loan in average capital, balloon loan in average capital, balloon loan in average capital, balloon loan in average capital and balloon loan in average capital through online banking.

At present, Ping An Bank has stopped handling balloon loans. The amount, interest rate and handling process of balloon loans in different regions are different, and the contract shall prevail.

If you need to consult other Ping An Bank services, please pay attention to Ping An Bank WeChat official account (pingan_bank) or visit Ping An Bank official pocket bank APP- Home-Loan Inquiry for details. .

Reply time: 2021-11-23. Please refer to the latest business changes announced by Ping An Bank in official website.