Finance term question

[Brian Davis]

Hello BP. Is talking with a potential lender and I suspect a scam because the numbers just don't add up.

I was provided this information:

Loan Balance:  $250,000.00

Loan Interest Rate:   5.00%

Loan Term: 25years

Numbers of Payments: 300

Monthly Loan Payment:     $833.34

Balloon Payments:  $238,346.82

Total Interest Paid:  $24,508.64

Does this mean that after 300 payments of 833.34 we would be completely paid off or

After 300 payments of 833.34 we would then be required to pay an additional balloon payment of 238,346?

Please tell me your thoughts and I appreciate the insight.