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balloon loan
(redirected from Balloon Loans)

   Also found in: Financial 0.03 sec.
balloon loan
n
(Economics, Accounting & Finance / Accounting & Book-keeping) a loan in respect of which interest and capital are paid off in instalments at irregular intervals


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Balloon loans for people with bad credit are becoming more popular at financial institutions in the United States as an alternative to leasing, especially in places where a property tax is levied on leased products.
Balloon Mortgages Unlike amortized mortgages, balloon loans carry a lot of risks for Miami commercial real estate property buyers.
During nonconventional times, such as what we are currently experiencing, nonconventional auto financing, balloon loans and leasing can provide unprecedented opportunity along with reduced risk.
 
 
 
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