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bal·ˈloon pay·ment SUBST FINAN

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Some countries do not allow balloon payment mortgages for residential housing: the lender "must" continue the loan (the reset option is required).
en.wikipedia.org
Other forms of mortgage loans include interest only mortgage, graduated payment mortgage, variable rate mortgage (including adjustable-rate mortgages and tracker mortgages), negative amortization mortgage, and balloon payment mortgage.
en.wikipedia.org
This results in the final payment being a large balloon payment.
en.wikipedia.org
Often it includes a balloon payment at the end of the first 5 years.
en.wikipedia.org
Other forms of mortgage loan include the interest-only mortgage, the fixed-rate mortgage, the negative amortization mortgage, and the balloon payment mortgage.
en.wikipedia.org
But it turned out that he had a novated lease on the vehicle that came with a balloon payment at the end.
www.smh.com.au
Because borrowers may not have the resources to make the balloon payment at the end of the loan term, a two-step mortgage plan may be used with balloon payment mortgages.
en.wikipedia.org
At this point, just like having a balloon payment in an adjustable rate mortgage, the glacier has to pay a whole new portion of its balance via icebergs.
en.wikipedia.org
With "partial amortization", a balloon payment will still be required at maturity, covering the part of the loan amount still outstanding.
en.wikipedia.org
Within these two categories though, there are various subdivisions such as interest-only loans, and balloon payment loans.
en.wikipedia.org

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