# Balloon Payment Clause

**IRI:** https://folio.openlegalstandard.org/R7WGnh1rtHb83LCujSQcY5h

## Labels

**Translations:**

- de-de: Ballonzahlungsklausel
- en-gb: Balloon Payment Clause
- es-es: Cláusula de pago final elevado
- es-mx: Cláusula de pago final elevado
- fr-fr: Clause de paiement ballon
- he-il: סעיף תשלום בלון
- hi-in: बैलून भुगतान क्लॉज
- ja-jp: バルーン支払い条項
- pt-br: Cláusula de pagamento balão
- zh-cn: 气球付款条款

## Definition

A balloon payment clause is a provision in a contract that requires the borrower to make a large payment at the end of the loan term, often used in mortgage agreements.

## Sub Class Of

- https://folio.openlegalstandard.org/RDe0RKU39BlhcyACJW30ZLc

**Deprecated:** False