固定及機動利率
Maggie: What types of mortgages does your bank offer?
瑪姬：這家銀行提供什麼類型的房貸？
Bank Teller: The most common one is a conventional mortgage. You can buy a home with as little as 3% down on this type of mortgage.
行員：最常見的是傳統房貸。首付最低只要3%就可以買房了。
common(adj.)常見的;普遍的down(adv.)在付款的當下
Maggie: That sounds good.
瑪姬：聽起來很棒。
Bank Teller: But you’ll have to pay the private mortgage insurance if you are unable to put down at least 20% of your purchase upfront.
行員：但如果您無法預付至少20%的首付款，您就得繳付私人抵押貸款保險的保費。
be unable to do sth.=無法做某事put down a deposit=支付押金upfront(adv.)(adj.)預付的;預先
Maggie: Hmm… I think a 20% down payment is within our reach.
瑪姬：嗯，我想我們應該負擔得起20%的首付款。
be within one’s reach=在可伸手觸及的範圍內
Bank Teller: Conventional loans are a good choice for borrowers who want to take advantage of lower interest rates with a larger down payment.
行員：對於有能力支付高額首付款且想要享有低利率的借款人而言，傳統房貸是個不錯的選擇。
take advantage of sth.=利用…large-larger-largest
Maggie: What else do you offer?
瑪姬：這家銀行還提供什麼樣的房貸？
Bank Teller: We have a fixed-rate mortgage and an adjustable one.
行員：我們有固定利率房貸以及機動利率房貸。
fixed(adj.)固定的adjustable(adj.)可調整的
Maggie: What are those?
瑪姬：那是什麼？
Bank Teller: For a fixed-rate mortgage, monthly payments don’t change over the loan term, but you may end up paying more in interest over time if the interest rates are high.
行員：固定利率房貸的話，放貸期間每月繳款金額不變，但如果利率很高，您最終可能反而會繳付比較多的利息。
monthly(adj.)(adv.)每月payment(n.)付款;款項term(n.)期限end up V-ing=以…告終
Maggie: What about the other one?
瑪姬：那另一個呢？
Bank Teller: An adjustable-rate mortgage gives lower and fixed interest rates for the initial introductory period. After the period ends, your interest rate changes depending on the market index. If the index goes up, your rate goes up, and vice versa.
行員：機動利率房貸在前期階段會提供較低的固定利率。這個階段結束後，利率就會隨著市場指數變動。若指數上升，利率也會隨之上升，反之亦然。
initial introductory period=放貸的初期階段depend on=依據…而定vice versa=反之亦然
Maggie: I see.
瑪姬：了解。