on mortgage

简明释义

以押品作抵押

英英释义

例句

1.Many families struggle to keep up with payments on mortgage.

许多家庭在按揭付款方面感到压力。

2.The property was acquired on mortgage from the bank.

这处物业是从银行以按揭的方式获得的。

3.He is paying off his car on mortgage.

他正在通过按揭偿还他的车款。

4.She refinanced her home on mortgage to get a lower interest rate.

她为了获得更低的利率而对房屋进行了按揭再融资。

5.They bought their first home on mortgage.

他们通过按揭购买了第一套房子。

作文

In today's world, owning a home is often seen as a significant milestone in life. However, for many people, purchasing a home outright is not financially feasible. This is where the concept of a mortgage comes into play. When someone buys a property and finances it through a lender, they usually take out a loan that is secured by the property itself. This arrangement is commonly referred to as being 'on mortgage'. Being on mortgage means that the homeowner has borrowed money from a bank or financial institution to purchase their home, and in return, they agree to repay the loan over a specified period, usually with interest. The process of obtaining a mortgage can be daunting. Prospective homeowners must navigate various financial requirements and paperwork, which can vary significantly depending on the lender. Typically, lenders will assess the buyer's creditworthiness, income, and debt-to-income ratio before approving a mortgage. This evaluation helps ensure that the borrower can afford to make monthly payments without defaulting on the loan.Once approved, the homeowner will sign a mortgage agreement, which outlines the terms of the loan, including the interest rate, repayment schedule, and any penalties for late payments. The homeowner will then make regular monthly payments, which typically include both principal and interest, until the loan is fully paid off. During this time, the property serves as collateral for the loan; if the homeowner fails to make payments, the lender has the right to foreclose on the property and sell it to recover the outstanding debt.Being on mortgage can have both advantages and disadvantages. On one hand, it allows individuals to purchase homes without needing to pay the full price upfront, making homeownership more accessible. Additionally, mortgage interest payments may be tax-deductible, providing further financial relief. Furthermore, as property values increase over time, homeowners can build equity in their homes, which can be a valuable asset in the long term.On the other hand, being on mortgage also comes with risks. Homeowners may find themselves in financial distress if they experience job loss or unexpected expenses, making it difficult to keep up with mortgage payments. Moreover, fluctuations in the housing market can affect property values, potentially leaving homeowners owing more than their homes are worth. This situation, known as being 'underwater' on a mortgage, can lead to significant financial strain and may result in foreclosure.In conclusion, while being on mortgage is a common way for individuals to achieve homeownership, it is essential to understand the responsibilities and risks involved. Prospective homeowners should carefully consider their financial situation and seek advice from financial professionals before committing to a mortgage. With proper planning and management, being on mortgage can lead to a rewarding investment and a place to call home for years to come.

在今天的世界中，拥有一个家常常被视为生活中的重要里程碑。然而，对于许多人来说，完全支付一所房屋是财务上不可行的。这就是抵押贷款概念发挥作用的地方。当某人购买一处物业并通过贷方融资时，他们通常会申请一笔以该物业本身作为担保的贷款。这种安排通常被称为“按揭”。处于按揭状态意味着房主从银行或金融机构借了钱来购买他们的家，作为回报，他们同意在规定的期限内偿还贷款，通常还要支付利息。获得抵押贷款的过程可能令人畏惧。潜在的房主必须应对各种财务要求和文书工作，这些要求和文书工作因贷方而异。通常，贷方会在批准抵押贷款之前评估买家的信用状况、收入和债务与收入比。这种评估有助于确保借款人能够承担每月的还款，而不会违约。一旦获得批准，房主将签署一份抵押贷款协议，其中列出了贷款的条款，包括利率、还款计划以及逾期付款的任何罚款。然后，房主将定期进行每月付款，通常包括本金和利息，直到贷款完全偿还。在此期间，物业作为贷款的抵押品；如果房主未能按时付款，贷方有权对物业进行止赎并出售以收回未偿债务。处于按揭状态既有优点，也有缺点。一方面，它使个人能够在不需要全额支付的情况下购买房屋，从而使得拥有房屋更加可及。此外，抵押贷款利息支付可能是税前扣除的，为进一步减轻财务负担提供了帮助。此外，随着房产价值随时间上涨，房主可以在其房屋中积累资产，这是长期内的宝贵财富。另一方面，处于按揭状态也伴随着风险。如果房主遭遇失业或意外支出，可能会发现自己陷入财务困境，难以跟上抵押贷款的付款。此外，房地产市场的波动可能会影响房产价值，可能使房主欠款超过其房屋的价值。这种情况被称为“抵押贷款下沉”，可能导致重大财务压力，并可能导致止赎。总之，虽然处于按揭状态是个人实现拥有房屋的一种常见方式，但理解相关的责任和风险至关重要。潜在的房主在承诺抵押贷款之前应仔细考虑自己的财务状况，并寻求金融专业人士的建议。通过适当的规划和管理，处于按揭状态可以导致有益的投资，并在未来多年内拥有一个可以称之为家的地方。