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📊 · Chapter 7 · Intermediate — Exercise 5: The Mortgage Broker
Comparar hipotecas bien es casi un superpoder.
Lucía helps you decode broker language in Spain: APR, bundled products, insurance, early repayment and the hidden cost of a “great” mortgage deal.
Phase 1 of 3 — Vocabulary
Words you need to know
Study these 10 words. You'll use them to talk about mortgage comparisons, broker advice and the real cost of different offers.
el diferencial
→
rate spread / margin
la TAE
→
APR / annual equivalent rate
la vinculación
→
bundled conditions / tie-ins
el seguro de hogar
→
home insurance
el seguro de vida
→
life insurance
la subrogación
→
mortgage transfer / subrogation
la cancelación anticipada
→
early repayment / early cancellation
la oferta vinculante
→
binding offer
la cuota mixta
→
mixed-rate payment
el comparador
→
comparison tool / broker comparison