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
The loans are considered safer because they are repaid in installments over several months instead of in one balloon payment.
From New York Times ● Jun. 16, 2023
“It also alleviates the anxiety of having to figure out how to pay off a large balloon payment in the future.”
From Los Angeles Times ● Feb. 7, 2023
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
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.