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Bullet Repayment

What Does Bullet Repayment Mean?
A single payment for an entire loan amount that is paid at maturity.

Investopedia explains Bullet Repayment
For large loan amounts, such as mortgage loans, refinancing is usually required in order to pay the entire bullet repayment amount.

Related Terms

Balloon Payment
Bullet
Bullet Bond
Bullet GIC
Bullet Loan
Maturity
Refinance
Waterfall Payment
More Related Terms

Related Links

Paying Off Your Mortgage - This may be the biggest debt you'll ever incur. Learn why you should retire it sooner rather than later.
Mortgages: The ABCs Of Refinancing - Learn how the various reasons for doing it can mean the difference between financial prudence and ruin.

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