hipoteca
nounCEFR B1
What does “hipoteca” mean in English?
mortgage — long-term loan secured against property; hipoteca a tipo fijo / variable; pedir/solicitar una hipoteca
Example sentences
Solicitamos información sobre los tipos de hipoteca disponibles y el banco nos ofreció una opción a tipo fijo y otra a tipo variable con revisión anual.
We requested information about the available mortgage types and the bank offered us one fixed-rate option and one variable-rate option with annual review.
Para que le concedan la hipoteca, el banco exige que los gastos de vivienda no superen el treinta por ciento de los ingresos mensuales netos.
For the mortgage to be granted to you, the bank requires that housing costs do not exceed thirty percent of monthly net income.
Llevamos quince años pagando la hipoteca y en cinco años más habremos liquidado la deuda completamente con el banco.
We have been paying the mortgage for fifteen years and in another five years we will have paid off the debt with the bank completely.
How to use it
La hipoteca is a mortgage — a long-term loan secured against property. At B1 it is essential vocabulary for any discussion of housing, finance, or debt. Key collocates: pedir/solicitar una hipoteca (to apply for a mortgage), hipoteca a tipo fijo (fixed-rate mortgage), hipoteca a tipo variable (variable-rate mortgage), pagar la hipoteca (to pay the mortgage), entrada (down payment). The verb hipotecar means 'to mortgage (property)' and also figuratively 'to compromise one's future'. Dialect note: universally used across all Spanish-speaking regions.
Common mistake
Hipoteca is a transparent cognate with 'hypothecate' but English speakers rarely use that word; the everyday term is mortgage. Pedir vs solicitar hipoteca: both are correct but solicitar is more formal (use in bank communications). La entrada (down payment) is the upfront payment, not the mortgage itself.