頭期款金額高低
Angela and Steven are a couple. They are considering buying a home.
安琪拉和史蒂芬是夫妻。他們在考慮買房子。
Angela: How much money do you think we can get if we apply for a mortgage?
安琪拉：如果我們申請房貸的話，你認為我們可以借到多少錢？
apply for 申請
Steven: It depends on our loan-to-value ratio.
史蒂芬：這取決於我們的貸款價值比。
depend on 取決於
Angela: What is that?
安琪拉：那是什麼？
Steven: A loan-to-value ratio compares the amount you borrow to the appraised value of the property, and it’s expressed as a percentage.
史蒂芬：貸款價值比是貸款金額與房產鑑價之間的比較，並以百分比來表示。
compare A to (with) B 將A跟B作比較appraise(v.)鑑定、評定、估價appraisal(n.)鑑定、評定、估價appraiser(n.)鑑定師、估價師
Angela: That sounds complicated.
安琪拉：聽起來真複雜。
Steven: For example, if you buy a home that is priced at $100,000 for its market value and make a $20,000 down payment, then the amount you need for a mortgage will be $80,000. Mortgage amount divided by appraised property value, and that’s how you get an LTV ratio of 80%.
史蒂芬：比方說，如果你買了市價10萬元的房子，並繳了2萬元的頭期款，那你所需的房貸金額會是8萬元。房貸金額除以房產鑑定市價，就可以算出你的貸款價值比是80%。
a down payment 頭期款installment(n.)分期付款
Angela: I see. The lower the LTV ratio is, the greater the chance that I can secure a mortgage, am I right?
安琪拉：了解。貸款價值比越低，申請到房貸的機率越高，我說得對嗎？
the 比較級形容詞+(主詞)+(動詞)，the 比較級形容詞+(主詞)+(動詞)secure(v.)得到、獲得
Steven: That’s the case in general. With a lower LTV ratio, lenders are more likely to underwrite a mortgage. Meanwhile, you can reap the benefit of lower interest rates and you will be less likely to be required to purchase private mortgage insurance.
史蒂芬：一般而言確實如此。貸款價值比越低，貸款機構越可能核准房貸。同時，你也可享有較低的利率，而且不大會被規定要購買私人房貸保險。
underwrite(v.)為～提供財力支援、為～承保approve(v.)核准、通過reap the benefit 收穫成果、得到回報
Angela: So the key here is go as low as we can.
安琪拉：所以關鍵在於能低則低啊。
Steven: Yup. But first we need to put in a large down payment to get a lower LTV ratio.
史蒂芬：沒錯。但首先我們的頭期款金額得高一些，這樣貸款價值比才會比較低。