Definición de balloon mortgage en inglés:

balloon mortgage

Silabificación: bal·loon mort·gage

sustantivo

A mortgage in which a large portion of the borrowed principal is repaid in a single payment at the end of the loan period.
Más ejemplos en oraciones
  • Unlike many other mortgages, balloon mortgages do not pay themselves off at the end of the loan term.
  • The balloon mortgage is a fixed-rate mortgage with a shorter term than traditional mortgages have.
  • Many borrowers of balloon mortgages refinance their loan before the balloon payment is due.

Obtener más de Oxford Dictionaries

Subscribirse para eliminar anuncios y acceder a los recursos premium

Palabra del día antebellum
Pronunciación: ˌantɪˈbɛləm
adjective
occurring or existing before a particular war…