Definitions of balloon loan
a long term loan at low interest that, most of which is paid as one large payment due at the end of the term
The original loan was a balloon loan and included a right to refinance if certain conditions were met.
There are multiple definitions - click on the translation that matches your context.
- véglejáratú hitel
- balloon hitel
- balloon (lufi) hitel
balloon loan means:
balloon (lufi) hitel
főnév
full
balloon loan
noun