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

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Falling inflation is generally an encouraging sign for mortgage rates, but that doesn't mean home loan rates will immediately drop every time inflation does. Angelica Leicht, CBS News, 12 Aug. 2026 Applications to refinance a home loan rose 5% for the week but were 22% lower than the same week one year ago. Diana Olick, CNBC, 12 Aug. 2026 For example, monthly payments on a 30-year, $400,000 home loan at 7% interest can be $50 to $200 higher than the same loan at 6%, depending on other factors. Deane Biermeier, USA Today, 8 Aug. 2026 To make matters even more complicated, our home loan required us to complete our renovations within just 12 months. Tessa Cooper, Southern Living, 3 Aug. 2026 See All Example Sentences for home loan

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“Home loan.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/home%20loan. Accessed 21 Aug. 2026.

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