RSA 361-A:1 Definitions.

The following terms as used in this chapter shall have the following meanings, unless the context otherwise requires:
I. "Balloon payment" means any retail installment contract repayment option under which:
(a) The retail buyer is required to repay the entire amount of any outstanding balance as of a specified date or at the end of a specified period of time, as determined in accordance with the terms of the retail installment contract pursuant to which the credit is extended;
(b) The aggregate amount of the minimum periodic payments required would not fully amortize such outstanding balance by such date or at the end of such period; and
(c) The final payment is at least twice the amount of one periodic installment payment under a payment plan that provides f