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অনুসন্ধান করুন
Mortgage
01
মুন্ড্রা, জমির রেকর্ড
an official contract or arrangement by which a bank gives money to someone as a loan to buy a house and the person agrees to repay the loan over a specified period, usually with interest
Example
The monthly mortgage payments include principal and interest, as well as property taxes and insurance.
They took out a mortgage to buy their first house in the suburbs.
He refinanced his mortgage to take advantage of lower interest rates and reduce monthly payments.
to mortgage
01
বন্ধকী করা, ধার করা
to offer a bank or other financial institutions a property of high value in exchange for a loan
উদাহরণ
The monthly mortgage payments include principal and interest, as well as property taxes and insurance.
They took out a mortgage to buy their first house in the suburbs.
He refinanced his mortgage to take advantage of lower interest rates and reduce monthly payments.
Failure to make mortgage payments on time can lead to foreclosure, where the lender repossesses the property.
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