"Balloon Payment. This is a balloon note and the principal and the interest of the Loan is expected to be paid on the maturity date of the Loan. If the Loan is not fully repaid by Borrower on the maturity date of the Loan, the accrued interest shall be added to the principal of the Loan." Principle and interest. at the the maturity date. Joshua? Disinformation. A.K.A. propaganda. That is how it rolls..