|You wrote: "With a conventional loan for 60 months, for the first 20 months or so you actually owe more than the car is worth. With the baloon you owe more than the car is worth for 36-48 months depending on the term of your baloon. You can think of it as a 90 month long conventional loan that you trade in after 48 months.
So your monthly payments on a baloon that runs for 20 months would be the same as the monthly payments on a 60 month regular loan. I hope that made it clear."
This is not accurate at all. Can you give some follow up info, so I can better understand your point?