Glossary entry

English term or phrase:

Mortgage offset

French translation:

compensation hypothécaire

Added to glossary by swanda
Mar 12, 2008 13:25
16 yrs ago
4 viewers *
English term

Mortgage offset

Non-PRO English to French Marketing Finance (general)
Type of Mortgage that rewards the client by offering a lower interest rate for those who have high savings in the same institution

Sentence : The HSBC Direct Offset Mortgage does exactly that – rewards the high balance in your HSBC Direct Online Savings Account by lowering your interest payments and shortening your mortgage term. Every month, your interest payment will be calculated on the outstanding principle minus the balance you hold in Savings. You only pay interest on the difference! The higher your Online Savings balance, the faster you payoff your mortgage and lower your overall interest payment.

Merci pour votre aide... j'avais pensé à "hypothèque compensée" mais je ne suis pas certaine
Change log

Mar 19, 2008 09:53: swanda Created KOG entry

Votes to reclassify question as PRO/non-PRO:

PRO (1): Stéphanie Soudais

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Proposed translations

32 mins
Selected

compensation hypothécaire

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4 KudoZ points awarded for this answer. Comment: "merci beaucoup"
55 mins
English term (edited): offset mortgage

hypothèque compensatoire

ATTENTION !!! Vous avez interverti les mots dans la question par rapport au texte.
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