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balloon payment
noun
An unusually large payment due at the end of a mortgage or loan.
Exact(60)
A flat balloon payment is 40 years away".
And secondly, it cannot be a balloon payment mortgage.
You are faced with losing your house in foreclosure or a huge balloon payment.
Instead, that debt will accrue to a large balloon payment by 2015.
Last year, when a huge balloon payment came due on the mortgage, Forest City walked away.
And there's a balloon payment of $63,000 after 15 years".
Now, he said, haughtiness is as stylish as a balloon payment.
"The balloon payment at the end is more than $100,000".
Only a rival team with cap room could give Lin the balloon payment.
The city also has a $115 million balloon payment coming due on the debt in March.
So she insisted that it swallow half the interest in the balloon payment.
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