prêt hypothécaire avec paiement forfaitaire
- Domaine
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- finance emprunt et prêt
- Dernière mise à jour
Terme privilégié :
- prêt hypothécaire avec paiement forfaitaire n. m.
Traductions
-
anglais
Auteur : Office québécois de la langue française,Définition
A form of mortgage calling for a series of payments over a period of time, to be followed by a single, lump-sum payment to retire the entire debt.
Note :
The initial series of payments may consist of interest only, or a small portion of principal, the balloon arrangement may take the following form : a loon is granted with payments set on a 30-year amortization schedule. However, the entire balance of the loan is repayable after five years- requiring a balloon payment at that time.
Termes :
- balloon mortgage
- renegotiated rate mortgage
- RRM