Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Balloon Payment
Fannie Mae
Updated 10-31-2026
Balloon Payment
The outstanding balance due on a balloon mortgage that must be paid in a lump sum at the end of the mortgage term.
Fannie Mae Glossary of Terms
Fannie Mae · p. 4
California Association of Realtors
Updated 10-31-2026
Balloon Payment
The final lump sum paid at the maturity date of a balloon mortgage.
California Association of Realtors Glossary
California Association of Realtors · p. 2
FTC
Updated 10-31-2026
Balloon Payment
A final lump sum payment that is due, often at the matu-rity date of a balloon mortgage.
FTC Real Estate Terms
FTC · p. 2
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