Mortgage meanings in Hungarian

jelzálog

Example:

She took out a mortgage to buy her first home.

Jelzálogot vett fel, hogy megvásárolja első otthonát.

The bank approved his mortgage application.

A bank jóváhagyta a jelzálogkérelmét.

Usage: formalContext: Real estate transactions, banking, financial services

Note: In Hungary, a mortgage (jelzálog) is commonly associated with real estate financing and involves the property being used as collateral.

jelzáloghitel

Example:

Many people rely on a mortgage loan to purchase property.

Sokan támaszkodnak jelzáloghitelt, hogy ingatlant vásároljanak.

A mortgage loan can have a fixed or variable interest rate.

A jelzáloghitel lehet fix vagy változó kamatozású.

Usage: formalContext: Banking, finance, property purchasing

Note: The term 'jelzáloghitel' specifically refers to the loan obtained against the mortgage.

ingatlanfedezetű hitel

Example:

He was advised to consider an asset-backed loan like a mortgage.

Azt tanácsolták neki, hogy fontolja meg az ingatlanfedezetű hitelt, mint a jelzálog.

An asset-backed loan can help you finance large purchases.

Egy ingatlanfedezetű hitel segíthet nagyobb vásárlások finanszírozásában.

Usage: formalContext: Finance, banking, investment scenarios

Note: This term is broader and includes all types of loans secured by assets, including mortgages.

jelzálogjog

Example:

The bank holds a mortgage on the property until the loan is paid off.

A bank jelzálogjogot gyakorol az ingatlanon, amíg a hitel ki nincs egyenlítve.

A mortgage lien is a legal right that the lender has over the property.

A jelzálogjog egy jogi jog, amely a hitelezőt illeti meg az ingatlan felett.

Usage: formalContext: Legal, real estate, banking

Note: This term refers to the legal claim or right that a lender has on a property until the mortgage debt is settled.

loan

A loan is a sum of money that is borrowed and expected to be paid back with interest.

Example: She took out a loan to buy her first house.

Note: A mortgage specifically refers to a loan taken out to purchase real estate, while a loan can be used for various purposes.

home loan

A home loan is a specific type of loan used to buy a house or other real estate property.

Example: They applied for a home loan to finance their new property.

Note: A home loan is a more specific term that refers to a loan used exclusively for purchasing a home, whereas a mortgage can also be used for other real estate transactions.

property loan

A property loan is a loan taken out to purchase or invest in real estate properties.

Example: The bank approved their property loan for the commercial building.

Note: A property loan is a broader term that encompasses loans for various types of real estate transactions, while a mortgage specifically refers to a loan for residential real estate.

Bite off more than one can chew

To take on a commitment or responsibility that is too big to handle.

Example: John bought a bigger house than he can afford; he really bit off more than he can chew with that mortgage.

Note: The phrase 'bite off more than one can chew' conveys the idea of overcommitting oneself, while a mortgage specifically refers to a loan for purchasing a property.

House poor

To be in a situation where a large proportion of one's income goes towards housing expenses, leaving little for other necessities or savings.

Example: Ever since they bought their dream house, they've been struggling to pay bills; they're truly house poor now.

Note: While 'house poor' relates to financial strain due to housing costs, a mortgage is the loan used to finance the purchase of a home.

Underwater mortgage

When the outstanding balance on a mortgage exceeds the current market value of the property.

Example: After the housing market crash, many homeowners found themselves with an underwater mortgage, owing more than their home was worth.

Note: An 'underwater mortgage' specifically refers to a situation where the loan amount is higher than the property value, unlike a regular mortgage.

Mortgage payment

The regular installment paid to the lender to repay a mortgage loan.

Example: We need to make our mortgage payment by the end of the month to avoid late fees.

Note: This phrase directly refers to the payment made towards the mortgage loan itself.

Mortgage broker

A licensed professional who acts as an intermediary between borrowers and lenders to facilitate mortgage transactions.

Example: Before applying for a mortgage, it's a good idea to consult a mortgage broker to explore different loan options.

Note: A mortgage broker assists in finding suitable mortgage options, contrasting with the concept of a mortgage as a loan.

Mortgage rate

The interest rate charged on a mortgage loan, affecting the overall cost of borrowing.

Example: The low mortgage rates this year have encouraged many people to consider refinancing their loans.

Note: While 'mortgage rate' relates to the interest percentage on a loan, a mortgage itself is the loan used for buying property.

Mortgage lender

The financial institution or individual that provides the funds for a mortgage loan.

Example: The mortgage lender approved their loan application after verifying their financial documents.

Note: A 'mortgage lender' is the entity providing the loan, distinct from the mortgage itself, which is the loan taken for purchasing a property.

Mortgage hell

Mortgage hell refers to a situation where someone is experiencing significant financial stress or burden due to their mortgage, often caused by high interest rates or difficult repayment terms.

Example: I've been stuck in mortgage hell for years due to high interest rates.

Note: The slang term 'mortgage hell' amplifies the negative emotions associated with having a mortgage, highlighting the intense struggle or difficulty the individual is facing.

Loan shark's delight

When something is referred to as a 'loan shark's delight', it means that it involves high-interest rates or unfavorable loan terms that benefit the lender at the expense of the borrower.

Example: That adjustable-rate mortgage felt like a loan shark's delight with its increasing interest rates.

Note: 'Loan shark's delight' has a more negative connotation compared to a standard mortgage, emphasizing the predatory or exploitative nature of the loan terms.

Mortgage trap

A mortgage trap describes a situation where a person feels confined or stuck in their mortgage due to financial constraints, inability to refinance, or unfavorable terms.

Example: I feel like I'm stuck in a mortgage trap with no way out.

Note: Unlike a regular mortgage, a 'mortgage trap' implies a sense of entrapment or being caught in a difficult situation without easy solutions or escape routes.

Mortgage burden

A mortgage burden refers to the financial strain or pressure imposed by one or more mortgages on an individual, making it challenging to meet other financial obligations.

Example: The mortgage burden of maintaining two properties was weighing heavily on him.

Note: While a mortgage itself signifies a financial obligation, 'mortgage burden' emphasizes the overwhelming or oppressive nature of the financial responsibility.

Debt dungeon

A debt dungeon is a situation where an individual feels trapped or overwhelmed by various debts, including mortgages, making it difficult to achieve financial freedom.

Example: With a mortgage and student loans, he felt like he was descending into a debt dungeon.

Note: 'Debt dungeon' suggests a deep, dark, and inescapable situation of indebtedness, emphasizing the psychological and emotional burden associated with multiple debts.

The couple took out a mortgage to buy their dream home.

A pár jelzálogot vett fel, hogy megvegyék álomotthonukat.

He lost his house because he couldn't keep up with the mortgage payments.

Elvesztette a házát, mert nem tudta tartani a lakáshitel törlesztőrészleteit.

The bank offered a low interest rate on their mortgage.

A bank alacsony kamatozású jelzáloghitelt ajánlott.

Mortgage - Noun (Noun) / Noun, singular or mass (Noun, singular or mass)

Lemma: mortgage

Conjugations

Noun, plural (Noun, plural): mortgages

Noun, singular or mass (Noun, singular or mass): mortgage

Verb, past tense (Verb, past tense): mortgaged

Verb, gerund or present participle (Verb, gerund or present participle): mortgaging

Verb, 3rd person singular present (Verb, 3rd person singular present): mortgages

Verb, base form (Verb, base form): mortgage

Verb, non-3rd person singular present (Verb, non-3rd person singular present): mortgage

Syllabification and Stress

mortgage Contains 2 syllables: mort • gage

Phonetic transcription: ˈmȯr-gij

mort gage , ˈmȯr gij (The red syllable is stressed)

The word frequency and importance index indicates how often a word appears in a given language. The smaller the number, the more frequently the word is used. The most frequently used words typically range from about 1 to 4000.

mortgage: ~ 2700 (Very common).

This importance index helps you focus on the most useful words during your language learning process.

Mortgage