Home loan Crossword Clue

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Understanding Today's Crossword Puzzle

The clue for today's crossword is "Home loan" and the answer for this clue is "MORTGAGE". Let's take a closer look at why this answer is the correct one.

1. Definition: The word "home" in the clue suggests that we are looking for a term related to houses or properties. "Loan" indicates that it's a financial arrangement, where one borrows money.
2. Similarity: The term "mortgage" perfectly fits the given criteria. A mortgage is a type of loan specifically used for purchasing a property. It is usually secured by the property itself, serving as collateral.
3. Popular Use: The use of mortgages is widespread in real estate transactions. Many people rely on mortgages to buy homes since it allows them to spread the cost over a longer period.
4. Financial Context: Mortgages are typically provided by banks or lending institutions, making it clear how this answer relates to a "home loan." People take out mortgages to finance the purchase of a house or property.
5. Length: The answer "MORTGAGE" matches the length of the clue, which is important in crossword puzzles as it helps verify the correctness of the answer.
6. Consistency: The answer does not conflict with any of the intersecting clues, ensuring that it fits smoothly into the overall crossword grid.

In conclusion, the clue "Home loan" most appropriately corresponds to the answer "MORTGAGE." Today's crossword puzzle challenges your vocabulary and analytical skills to identify the connection between the given clue and the correct answer. Enjoy solving the rest of the crossword!

Definition of "MORTGAGE"

a legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt

Example :

I put down a hundred thousand in cash and took out a mortgage for the rest

a £60,000 mortgage

the estate was mortgaged up to the hilt

 The Crossword clue "Home loan" published 9 time/s & has 1 answer/s. 

Crossword	Date	Answer
Mirror classic	1 February 2024	MORTGAGE
The Sun Two Speed	27 August 2021	MORTGAGE
Mirror quick	10 May 2021	MORTGAGE
Evening Standard - Easy	5 November 2020	MORTGAGE
The Times Concise	30 January 2018	MORTGAGE