When a note is to be paid in regular payments but also includes a final payment more than double the regular payments, the note is called:

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This type of note is commonly known as a balloon note, as the final payment "balloons" in size compared to the regular payments. It is also considered an installment note because it is paid in regular installments leading up to the final balloon payment. The other options (collateral note, payee note, maker note) do not accurately describe this type of note.

When a Note Is to Be Paid in Regular Payments