A payment on debt that is much larger than other payments. The ultimate balloon payment is the entire principal at maturity.
See: Bullet.The final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan.
The final lump sum payment due at the end of a balloon mortgage. 
Is the final installment payment, it is larger than previous installments that pays off a debt in full. Is the final lump-sum payment made at the maturity date of a balloon mortgage and pays the loan in full.
The final lump sum payment that is made at the maturity date of a balloon mortgage.
A scheduled payment due at the end of a loan term that is substantially greater than the regular mon
The final payment needed to complete the payment of the entire principal amount, if different from the monthly payment.
A large final payment due at the end of a loan, typically a home or car loan, to pay off the amount the monthly payments didn't cover. Many states prohibit balloon payments in loans for goods or services that are primarily for personal, family, or household use, or require the lender to let the borrower refinance the balloon payment before forcing ...
The final payment of a mortgage which is larger than the regular payment; it usually extinguishes the debt.
The final lump sum payment that is made at the maturity date of a balloon mortgage.
the final lump sum payment due at the end of a balloon mortgage.