Non-amortizing loans are those which you cannot apply amortization. They are
1. Credit cards loans
With these loans, you can borrow over and over on the same card and choose the amount you can be able to pay monthly as long as you meet the bare minimum payment.
2. Interest-only loans
In other words, this is the fully amortized loans with deferred interests. You will be allowed to pay only interest for a specific period before paying the principal later.
3. Balloon loans
These are the type of payments where you will pay a massive proportion at the end of the loan period. A small number of payments are made during the loan period.