Meaning Of The Word Balloon mortgage

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Balloon mortgage Meaning

Balloon mortgage Definition
Balloon mortgage Definition

What's The Definition Of Balloon mortgage?

balloon mortgage
countable noun: A balloon mortgage is a mortgage on which the repayments are relatively small until the large final payment.

balloon mortgage in Finance
noun: A balloon mortgage is a mortgage in which you make small payments over a period of time and repay the balance in one large final payment.

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