balloon payment

Balloon payments at the end of the loan are prohibited.

How could she have forgotten the balloon payment on her mortgage?

Under balloon payments, a lower interest rate is paid for, perhaps, three or five years, and then the entire principal comes due.

And the balloon payment would come when there would be no cap.

Instead, that debt will accrue to a large balloon payment by 2015.

A balloon payment mortgage may have a fixed or a floating interest rate.

This results in the final payment being a large balloon payment.

Owners who want to keep their cars can either refinance the balloon payments or pay the entire bill.

The final payment is called a balloon payment because of its large size.

And there's a balloon payment of $63,000 after 15 years."

But the borrower faces a balloon payment on a future day of reckoning.

During the real estate boom, many commercial mortgages were written to require balloon payments in a few years.

Owners who want to avoid the balloon payment can turn their cars in and pay a "disposal" fee.

The clause guarantees that the buyer can return the car to the dealer and not pay the balloon payment.

Having that choice can be important, because the car's balloon payment could exceed the vehicle's resale value.

They may also have a balloon payment attached.

In such cases, the borrower faces a large end-of-term balloon payment.

Balloon payments introduce a certain amount of risk for the borrower and the lender.

Last year, when a huge balloon payment came due on the mortgage, Forest City walked away.

Now a balloon payment of $52,000 is due next September of this year.

As a result, Ewing is scheduled to earn an $18 million balloon payment next season.

For be it ever so humble, there really is no place like home, even if it does come with a balloon payment mortgage.

She listened as home loans were explained to her, fixed interest rates, balloon payments, mortgage insurance.

Balloon payments or bullet payments are common for certain types of debt.

The refinanced loans must have no prepayment penalties or balloon payments.