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mutuo

English translation of mutuo

mortgage

The Italian word for mortgage is 'mutuo'. It is a loan that is used to finance the purchase of a property, usually a house or apartment. The property serves as collateral for the loan, and the borrower is required to make regular payments to repay the loan over a specified period of time. If the borrower fails to make the payments, the lender can take possession of the property and sell it to recover the outstanding loan amount.


Example sentences using: mutuo

Ho fatto un mutuo per comprare una casa.

English translation of Ho fatto un mutuo per comprare una casa.

I took out a mortgage to buy a house.

This sentence is used to express that someone has borrowed money from a bank or financial institution to purchase a house. 'Mutuo' here is used to mean 'mortgage'.

Il pagamento del mutuo è molto alto.

English translation of Il pagamento del mutuo è molto alto.

The mortgage payment is very high.

In this context, the word 'mutuo' is used to refer to 'mortgage'. The speaker is indicating that the amount they have to pay back to the bank or financial institution for their mortgage loan is substantial.

Abbiamo finito di pagare il mutuo.

English translation of Abbiamo finito di pagare il mutuo.

We have finished paying the mortgage.

This sentence is used when someone wants to communicate that they have completed the repayment of the borrowed money. Here 'mutuo' refers to a 'mortgage'.

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