英语词汇“to buy down”的英英意思、用法、释义、翻译、读音、例句、短语、词组-英语词典

Chiefly North American.

1. transitive. To make an initial payment to purchase (the current owner's equity in) a property, so as to leave only the existing mortgage to repay, often at a preferential rate. Also intransitive with to. Now rare.Chiefly in classified advertisements.

1926 Chicago Tribune 11 Apr. xi. 24/6 $2,300 Cash buys equity down to mortgage in my new 5 rm. mod. brick bung.

1960 Mich. Chron. 3 Dec. iv. 6/4 (property listing) Only $2,800 needed to buy down to a 4½% mortgage at $85.00 month.

1983 Quad-City Herald (Brewster, Washington) 17 Mar. 11/2 Buy down equity and assume contract.

2. transitive. To purchase a reduction in (the interest rate payable on a mortgage or other loan); esp. (often of a builder, property developer, etc.) to pay a lump sum to a lender to reduce the interest due on a mortgage for a homebuyer, typically for a limited period at the start of repayment. Also: to reduce the interest rate of (a mortgage) in this way. Cf. buy-down n.

1974 Daily Breeze (Torrance, Calif.) 25 Aug. d8/2 Many developers are offering 9 per cent only because they ‘buy down’ the interest by paying heavy ‘points’ costs.

1980 Toronto Star 22 Dec. a13/3 When rates get high, builders resort to ‘buying down’ a mortgage.

2008 K. Gottberg Compl. Guide to selling Your Own Home in Calif. xii. 169 Normally it takes 1% of the loan amount, or one point, to buy down the interest rate 1/8th of a percent for one year of the loan.

单词	to buy down
释义	> as lemmas to buy down to buy down Chiefly North American. 1. transitive. To make an initial payment to purchase (the current owner's equity in) a property, so as to leave only the existing mortgage to repay, often at a preferential rate. Also intransitive with to. Now rare.Chiefly in classified advertisements. Π 1926 Chicago Tribune 11 Apr. xi. 24/6 $2,300 Cash buys equity down to mortgage in my new 5 rm. mod. brick bung. 1960 Mich. Chron. 3 Dec. iv. 6/4 (property listing) Only $2,800 needed to buy down to a 4½% mortgage at $85.00 month. 1983 Quad-City Herald (Brewster, Washington) 17 Mar. 11/2 Buy down equity and assume contract. 2. transitive. To purchase a reduction in (the interest rate payable on a mortgage or other loan); esp. (often of a builder, property developer, etc.) to pay a lump sum to a lender to reduce the interest due on a mortgage for a homebuyer, typically for a limited period at the start of repayment. Also: to reduce the interest rate of (a mortgage) in this way. Cf. buy-down n. Π 1974 Daily Breeze (Torrance, Calif.) 25 Aug. d8/2 Many developers are offering 9 per cent only because they ‘buy down’ the interest by paying heavy ‘points’ costs. 1980 Toronto Star 22 Dec. a13/3 When rates get high, builders resort to ‘buying down’ a mortgage. 2008 K. Gottberg Compl. Guide to selling Your Own Home in Calif. xii. 169 Normally it takes 1% of the loan amount, or one point, to buy down the interest rate 1/8th of a percent for one year of the loan. extracted from buyv. < as lemmas
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