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Translations for „assumable mortgage“ in the English » German Dictionary (Go to German » English)

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as·sum·able ˈmort·gage: noun
assumable mortgage: noun

as·sum·able ˈmort·gage N Am FIN

assumable mortgage

übernehmbare Hypothek

assumable mortgage N REAL EST

Specialized Vocabulary

assumable mortgage

übernehmbare Hypothek f

Monolingual examples (not verified by PONS Editors)

English

With an assumable mortgage, the buyer will continue making mortgage payments using the 7% mortgage rate. www.moneysense.ca

Again, popular when mortgage rates were much higher, assumable mortgages enabled buyers to skip all or some of the red tape involved with qualifying for a mortgage. www.moneysense.ca

This is in contrast to the wide availability of assumable mortgages in the past. en.wikipedia.org

Value is created and grows whenever the prevailing interest rate for a new mortgage loan is greater than and increasing when compared to the interest rate of the assumable mortgage. en.wikipedia.org

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