Definition Type: Element
Name: BalloonPaymentAmount
Namespace: http://www.hr-xml.org/3
Type: oa:AmountType
Containing Schema: Fields.xsd
Abstract
Documentation:
The amount of any required balloon payment included in the loan repayment terms. A balloon payment is a large, lump-sum payment scheduled at the end of a series of considerably smaller periodic payments. A balloon payment may be included in the payment schedule for a loan, lease, or other stream of payments.Balloon payments often are scheduled due upon maturity. A balloon loan will often have the advantage of very low interest payments, thus requiring very little capital outlay during the life of the loan.
Collapse XSD Schema Diagram:
Drilldown into currencyID in schema unqualifieddatatypes_xsd Drilldown into AmountType in schema unqualifieddatatypes_xsd Drilldown into AmountType in schema fields_xsd1XSD Diagram of BalloonPaymentAmount in schema fields_xsd (HR-XML - Human Resources XML)
Collapse XSD Schema Code:
<xsd:element name="BalloonPaymentAmount" type="oa:AmountType">
    <xsd:annotation>
        <xsd:documentation>The amount of any required balloon payment included in the loan repayment terms. A balloon payment is a large, lump-sum payment scheduled at the end of a series of considerably smaller periodic payments. A balloon payment may be included in the payment schedule for a loan, lease, or other stream of payments.Balloon payments often are scheduled due upon maturity. A balloon loan will often have the advantage of very low interest payments, thus requiring very little capital outlay during the life of the loan.</xsd:documentation>
    </xsd:annotation>
</xsd:element>
Collapse Child Attributes:
Name Type Default Value Use
currencyID udt:currencyID Required
Collapse Derivation Tree: