The Chinese vocabulary of balloon loan is an image name. This kind of loan has a small repayment amount in the early stage, but it has a large repayment amount on the maturity date, which looks like a balloon, so it is directly named as "balloon loan". "Balloon loan" is designed for customers who intend to hold loans in the short and medium term, that is, to provide them with a shorter loan term and use a longer term to calculate the monthly payment, so as to reduce the pressure of early repayment. At the same time, due to the short loan period, the corresponding loan interest rate is also low.