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buy down

/baɪ daʊn/

Translations

buy downverb

bought down

Past Simple

bought down

Past Participle

buying down

Gerund

/baɪ daʊn/

They decided to buy down the interest rate on their mortgage.

Они решили снизить процентную ставку по своей ипотеке.

Additional translations

уменьшить цену

Synonyms

buy downverb

To reduce the interest rate on a loan by paying an additional amount of money upfront.

The homeowner decided to buy down the mortgage rate to make the monthly payments more affordable.