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A California based company on a mission to grow the wealth of everyday Americans. Zolidar is the easy button for employee ownership.

May 2026

Here to help — Zolid AI can answer questions and provide insights. Free for now, with fair usage limits.

Your conversations are not shared with others. We may review them to improve Zolid AI.

Ask me anything

Zolid AI may provide inaccurate info, so verify responses.

Definition of Balloon Payment on The Grid Glossary

Balloon Payment

Published on 2024-08-12 | Last edited on 2024-08-13

The final (large) payment that repays all the remaining principal and interest of a partially amortized or unamortized loan.

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