They often end with a large payment, a balloon payment, which owners usually refinance.

VOA: special.2009.09.04

The loan-to-value ratio--well it's not so much the loan--the maturity was short and the balloon payment at the end that they changed.

贷款价值比率,不,就是期限太短了,期末大额偿还也是罪魁祸首

耶鲁公开课 - 金融市场课程节选

And get rid of this balloon payment thing at the end -that was a dumb idea.

并取消了期末大额偿还的还款方式,期末大额偿还是很愚蠢的做法

耶鲁公开课 - 金融市场课程节选

It used to be that mortgages had what's called a balloon payment at the end.

曾有一段时间,抵押贷款中有期末大额偿还制度

耶鲁公开课 - 金融市场课程节选

They also had--they were--back then, in the 1920s, they were called balloon payment.

上世纪20年代有一种,称为期末大额偿还的贷款方式

耶鲁公开课 - 金融市场课程节选