英语词汇“balloon mortgage”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

单词	balloon mortgage
释义	balloon mortgage noun A mortgage in which a large portion of the borrowed principal is repaid in a single payment at the end of the loan period.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.
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