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Banking

Partly Amortizing Loan

An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...

Partially Amortizing Loan

An amortizing loan that repays some of the principal over its term, while the remaining balance (i.e., balloon payment) is...

IO Loan

It stands for interest-only loan; a form of loan in which the borrower only pays interest over the loan's life,...

Interest-Only Loan

A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...

Bullet Loan

A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...

Straight-Term Loan

A form of loan in which the borrower only pays interest over the loan's life, while repayment of the principal...