The CCL Glossary BACK BUTTON LOCATION
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Balloon Payment
A large lump-sum payment due at the end of certain loan structures.
A lump-sum principal payment due at the end of certain types of mortgages or other long-term loans.
The CCL Glossary BACK BUTTON LOCATION
Back To Glossary
A large lump-sum payment due at the end of certain loan structures.
A lump-sum principal payment due at the end of certain types of mortgages or other long-term loans.