Korean Dictionary

How to say “Mortgage” in Korean

주택 담보 대출

Jutaek dambo daechul

IntermediateFinance & Banking

Usage & Context

A long-term loan for purchasing property in Korea. Housing prices are high, so most Koreans use mortgages to buy apartments.

Example Sentence

주택 담보 대출로 아파트를 샀어요.

I bought an apartment with a mortgage.

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