balloon payment

Turkish translation: balon ödeme

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:balloon payment
Turkish translation:balon ödeme

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15:09 Jan 18, 2010
English to Turkish 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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balon ödeme
Definition:
Kredi vadesi süresince tamamen amorti etmeyen taksitleri olan kısa vadeli sabit veya değişken oranlı Mortgage kredisi. Mortgage kredisinin geri kalan miktarı vade sonunda belirlenen tarihte defaten ödenir.
Selected response from:

chevirmen
Türkiye
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4 KudoZ points were awarded for this answer



Summary of translations provided
5 +3balon ödeme
chevirmen
5Ara odeme
Salih YILDIRIM


  

Translations offered


7 mins   confidence: Answerer confidence 5/5 peer agreement (net): +3
balon ödeme


Definition from DenizBank:
Kredi vadesi süresince tamamen amorti etmeyen taksitleri olan kısa vadeli sabit veya değişken oranlı Mortgage kredisi. Mortgage kredisinin geri kalan miktarı vade sonunda belirlenen tarihte defaten ödenir.

Example sentence(s):
  • Balon Ödeme kısaca "yüksek son taksitli ödeme seçeneği olarak tanımlanıyor. Örneğin, 36 ay taksitle bir otomobil alıyorsunuz. Her ay sabit taksitler ödemek yerine 36 yani son ay oldukça yüksek, ama 35 ay boyunca düşük taksitler ödüyorsunuz. Bunun faydasi ise düşük taksitlerle sahip olduğunuz otomobilinizi isterseniz 3 yılın sonunda satip 36 yüksek taksidi ödediğiniz gibi, bir sonraki otomobilinizin peşinatının da bir kısmını çıkartabilmeniz. - Sabah  
chevirmen
Türkiye
Local time: 10:53
Native speaker of: Native in EnglishEnglish, Native in TurkishTurkish
PRO pts in category: 28

Votes in favor of/against selecting this as the best translation of the term asked
Yes  Kıvılcım Erdogan
6 mins
  -> Teşekkürler!

Yes  Ayşe Kıvılcım Karazor
13 mins
  -> Teşekkürler!

Yes  Ali Bayraktar
22 mins
  -> Teşekkürler!
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3 days 28 mins   confidence: Answerer confidence 5/5
Ara odeme


Definition from own experience or research:
6 ara odemeli ihracat tesvik kredisi.

Example sentence(s):
Salih YILDIRIM
United States
Local time: 03:53
Native speaker of: Native in TurkishTurkish
PRO pts in category: 28
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