balloon payment
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
“If you have to pay a balloon payment at the end of the forbearance and you can’t afford that, that could put you in a much more difficult situation,” Cohen said.
From MarketWatch • Oct. 31, 2025
In some cases, drivers pay monthly fees before paying a so-called "balloon payment" at the end.
From BBC • Aug. 4, 2025
Instead, the foundation acted as the lender, effectively extending a mortgage to Peart’s business for an $800,000 down payment, a $1.83 million balloon payment in July 2022 and interim interest payments of $11,000 a month.
From Washington Post • Sep. 14, 2021
After that the foundation will have to start paying down the principal as well, a total of $73,000 per quarter, followed by a balloon payment of the entire remaining balance in April 2021.
From Los Angeles Times • Feb. 7, 2020
There are also more interest-only loans, where the borrower pays interest on the loan but does not pay down the principal, with a large balloon payment due at the end of the term.
From New York Times • Jun. 29, 2011
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
