Home > Personal > Personal Lending > Mortgage > Mortgage Resources > Glossary > Partial Payment Partial Payment November 9, 2021 A loan payment that is not great enough to cover the scheduled monthly payment on a mortgage.You Might Also Like: All Things CommunityReviewing Random Acts of Kindness 2023 Everyday MoneyWhat are ACH Payments and How Do They Work? Family MattersFun Games to Teach Kids About Money Everyday MoneyWhat is the Difference Between a Credit Card and a Debit Card? Family MattersBudget Friendly Easter Basket Ideas