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interest only loan

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17:27 Jul 25, 2005
English to Spanish translations [Non-PRO]
Science
English term or phrase: interest only loan
You can take out an interest only loan and pay interest only payments.
LCL
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Summary of answers provided
5 +1prestamo de solo interés
Sandy T
5Préstamo con pago (final) superior al promedio
Ana Brassara


  

Answers


12 mins   confidence: Answerer confidence 5/5 peer agreement (net): +1
prestamo de solo interés


Explanation:
Web definitions for interest only loan
a loan where the principal is paid back at the end of the term and only interest is paid during the term. The loans are usually for a short term of one to five years.
www.apm.com.au/osbuyers/glossary.htm - Definition in context

ES CIERTO QUE HAY UN PRESTAMOS DE SOLO INTERES POR UN TIEMPO ... - [ Translate this page ]
Son Interest Only ARM. Por ejemplo, un prestamo que he estadoo vendiendo mucho
... Ahora, como es interest only por 5 anios, aunque la tasa se convierta en ...
foro.univision.com/univision/board/ message?board.id=7335976265&message.id=4796 - 64k - Cached - Similar pages




Sandy T
United States
Local time: 02:49
Native speaker of: Native in SpanishSpanish, Native in EnglishEnglish
PRO pts in pair: 699

Peer comments on this answer (and responses from the answerer)
agree  Marina56: Estoy de acuerdo, pero creo que va la preposición "A". O sea, "préstamo a sólo interés". Suerte
24 mins
  -> Gracias, Marina por tu aporte....pero fijate lo que dice el encabezado del artículo??? Puede ser que se usen ambas formas.
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1 hr   confidence: Answerer confidence 5/5
Préstamo con pago (final) superior al promedio


Explanation:

***BALLOON PAYMENT LOAN (also called Interest Only Loan***) - a type of loan transaction in which the borrower makes usually smaller payments of interest only on the amount borrowed for some period of time, after which the full amount borrowed must be paid in full in one payment. If the borrower cannot make the payment, the property can be placed in foreclosure. This type of loan cannot be included in a chapter 13 bankruptcy.

***PRESTAMO CON PAGO FINAL SUPERIOR AL PROMEDIO (Balloon Payment Loan o Interest Only Loan***) - El prestatario sólo paga los intereses del préstamo y nada del principal (la cantidad que en realidad tomó prestada). Después de 3, 5, 7 o 10 años, se hace un pago sustancial de todo el principal que se vence en un solo pago. Si el prestatario no puede pagar, se hace una subasta de la propiedad. Usted no puede pagar este tipo de pagos si se declara en bancarrota conforme al capítulo 13.

http://www.consumer-action.org/Spanish/library/housing/1995_...


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Note added at 2 hrs 12 mins (2005-07-25 19:40:15 GMT)
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Balloon payment: pago al final

http://www.economicas-online.com/glosarios/ingles.htm

Pago englobado. Balloon payment.
Pago global. Balloon payment.

http://www.bancopopular.com/pr/personal/learning/per-lea-glo...



Ana Brassara
Local time: 03:49
Native speaker of: Native in SpanishSpanish
PRO pts in pair: 4865
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