How do I discuss mortgage options in Japanese real estate language
To discuss mortgage options in Japanese real estate language, here are key terms and phrases commonly used:
- Mortgage: 抵当権 (Teito-ken) — This is the Japanese term for mortgage, referring to the legal right established by the lender on the property as collateral for the loan.
- Housing loan: 住宅ローン (Juutaku Roon) — The general term for a home or mortgage loan.
- Down payment: 頭金 (Atama-kin) — The initial payment made upfront when purchasing property.
- Loan agreement: 金銭消費貸借契約 (Kinsen Shouhi Taishaku Keiyaku) — The contract for borrowing money.
- Mortgage agreement: 抵当権設定契約 (Teito-ken Settei Keiyaku) — The contract to establish the mortgage.
- Mortgage registration: 抵当権登記 (Teito-ken Touki) — The legal registration of the mortgage at the Legal Affairs Bureau.
- Revolving mortgage: 根抵当権 (Neteito-ken) — A type of mortgage allowing repeated loans up to a set limit with one collateral registration.
- Interest rate: 金利 (Kinri)
- Fixed-rate mortgage: 固定金利 (Kotei Kinri)
- Variable-rate mortgage: 変動金利 (Hendou Kinri)
- Monthly repayment: 月々の返済 (Tsukitsuki no hensai)
When discussing mortgage options with a real estate agent or bank, phrases like these can help:
-
住宅ローンのオプションについて教えてください。
(Juutaku roon no opushon ni tsuite oshiete kudasai.)
”Please tell me about the mortgage options.” -
頭金はいくら必要ですか？
(Atama-kin wa ikura hitsuyou desu ka?)
”How much down payment is required?” -
固定金利と変動金利のどちらがありますか？
(Kotei kinri to hendou kinri no dochira ga arimasu ka?)
”Which do you have, fixed interest rate or variable interest rate?” -
抵当権の登録手続きはどのように行いますか？
(Teito-ken no touroku tetsuzuki wa dono you ni okonaimasu ka?)
”How is the mortgage registration procedure done?” -
借入期間は最長何年ですか？
(Kariire kikan wa saichou nannen desu ka?)
”What is the maximum loan term?” -
ネ抵当権というものは利用できますか？
(Neteito-ken to iu mono wa riyou dekimasu ka?)
”Is it possible to use a revolving mortgage?”
These terms and phrases cover the core language needed to discuss mortgage options in Japan’s real estate context. The mortgage process often involves detailed legal and financial procedures, including loan applications, interest rate choices, and mortgage registrations, so knowing the terminology enhances clear communication.