# Bullet loan. A loan for which the total amount borrowed, including interest, is repaid at the end of the term

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- Modified: 2023-07-25T20:58:22+00:00
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## Definition

A loan for which the total loan debt, i.e. the amount borrowed plus interest, is repaid at once at the end of the term. - A loan for which only the interest is payable during the term; the principal borrowed, however, is not due until the end of the term (a term loan that calls for current interest payment but no current amortization). - See repayment, amortization, bond, balloon loan, balloon, bullet payment, free years, installment loan, term loan, amortization, repayment vehicle. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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