home loan
noun
: a legal agreement in which a person borrows money to buy property (such as a house) and pays back the money over a period of years
Examples of home loan in a Sentence
Recent Examples on the Web
Instead, mortgage rates rose and kept climbing until the average rate on a 30-year home loan reached just over 7% by mid-January.
—
Nino Paoli, Fortune, 19 Sep. 2025
That’s when mortgage payments – one-third of Californians don’t have a home loan – plus items such as insurance, utilities and association dues top 50% of an owner’s income.
—Jonathan Lansner, Oc Register, 18 Sep. 2025
Refinance demand surged 60% last week amid a drop in home loan costs.
—Natasha Abellard, CNBC, 17 Sep. 2025
The second home loan rate was 3.25%, versus 3.05% for first home loans, thus providing an incentive.
—Brendan Ahern, Forbes.com, 25 Aug. 2025
See All Example Sentences for home loan
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Nino Paoli, Fortune, 19 Sep. 2025
That’s when mortgage payments – one-third of Californians don’t have a home loan – plus items such as insurance, utilities and association dues top 50% of an owner’s income.
—Jonathan Lansner, Oc Register, 18 Sep. 2025
Refinance demand surged 60% last week amid a drop in home loan costs.
—Natasha Abellard, CNBC, 17 Sep. 2025
The second home loan rate was 3.25%, versus 3.05% for first home loans, thus providing an incentive.
—Brendan Ahern, Forbes.com, 25 Aug. 2025
See All Example Sentences for home loan
Cite this Entry
“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 30 Sep. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share