balloon payment

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15:14 Jan 18, 2010
English to Urdu translations [PRO]
Bus/Financial - Finance (general)
Additional field(s): Economics, Investment / Securities, Real Estate
English term or phrase: balloon payment
Definition from Federal Citizen Information Center :
This is the very large payment that is due at the end of some loans. A balloon payment means that the borrower's monthly payments are used to pay the interest on the loan and that little of the payment is used to pay back the amount that was borrowed. Unless you know how you will make this payment, these loans can be risky.

Example sentence(s):
  • Balloon payments can be a big problem in a falling housing market. As house prices fall, the odds of homeowners having positive equity in their homes also drops, and they may not be able to sell their homes for the prices they anticipated. Investopedia ULC
  • If you cannot make the monthly payments or a balloon payment when due you will be in default under your loan. JPMorgan Chase & Co
  • You can make the balloon payment and keep the car - or part exchange it, using any surplus amount after making the final repayment, towards a deposit on your next vehicle. Auto eBid
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Summary of translations provided
5ایک بدی رقم کی ادایگی جو کی کرز ادا کرنے کے وقت آخر میں دی جاتی ہے
Dr Neha Gutkar


  

Translations offered


86 days   confidence: Answerer confidence 5/5
ایک بدی رقم کی ادایگی جو کی کرز ادا کرنے کے وقت آخر میں دی جاتی ہے


Definition from own experience or research:
agar aap apne karz ki raqm waqt par ada nahin karte hain toh aap kasoorwar thehraye jayenge.

Example sentence(s):
  • agar aap apne karz ki raqm waqt par ada nahin karte hain toh aap kasoorwar thehraye jayenge - investor words  
Dr Neha Gutkar
India
Local time: 21:08
Native speaker of: Native in DogriDogri, Native in UrduUrdu
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