HRS §481C-3
Your right to refinance a large final payment
If you buy goods for personal or household use and one scheduled payment is more than double the average of earlier payments, you can refinance that payment when it is due without penalty. The new terms must be at least as good as the original sale. This does not apply if the payment schedule is based on your seasonal or irregular income.
buyers
The statute, as written — Balloon payments
With respect to any sale of goods purchased primarily for a personal, family or household purpose, which is subject to the provisions of this chapter, if any scheduled payment is more than twice as large as the average of earlier scheduled payments, the buyer has the right to refinance the amount of that payment at the time it is due without penalty. The terms of the refinancing shall be no less favorable to the buyer than the terms of the original sale. These provisions do not apply to the extent that the payment schedule is adjusted to the seasonal or irregular income of the buyer.
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.