mortgage
- noun
- /ˈmɔrɡɪdʒ/
- Specialized
- I paid off the mortgage on this house while living in a studio apartment in Brooklyn.
- home mortgage
- mortgage payments
- mortgage loan
Should I pay off my mortgage early or invest?
- Should I pay off my mortgage early or invest?
- Someone else is paying off your mortgage and you're making money.
- I can pay for my mortgage on my house, no taxes.
- You can't have a spouse, kids, a mortgage, a garden, a swing set.
- There is depression, stress, anxiety, worry about mortgage and things of that nature.
- Never defaulted on mortgages, loans or anything.
- You now have to go to work to pay that mortgage every month.
- Our, our young people have a mortgage before they have a mortgage.
- Then you end up seeing real estate mortgage rates also pop up.
- You couldn't get a mortgage or AGI bill for education.
- So more Carrie, mortgage is such a commodity.
Examples
-
After years of saving, they finally secured a mortgage to buy their first home.
-
Burt, why don't you take out a mortgage on your house?
-
Yeah, my, my mortgage is coming to an end.
-
Then you end up seeing real estate mortgage rates also pop up.
-
I mean, you could, you could pay off half the mortgage with just that cash.
-
We got a house, a mortgage, two kids!
-
Should I pay off my mortgage early or invest?
-
Realistically speaking, neither one of you can afford this mortgage on your own, okay?
-
Kay had maxed out her credit cards and was falling behind in her mortgage payments.
Fiction book (1996) -
The bank offered him a favorable interest rate on his mortgage for the new apartment.
Synonyms
Money you borrow to buy a house that the bank can take if you do not pay
A loan to buy a house or other property that you pay back over time
Money you borrow to buy or build property that the bank can take if you do not pay
A loan on a house that must be paid before other loans if the owner cannot pay
A loan to buy a house where the house is used as security
Compounds
- Specialized
An investment made from many home loans that pays interest and loan repayments to investors sometimes backed by the government
- Specialized
A loan on a house that must be paid before other loans if the owner cannot pay
A US company backed by the government that buys home loans to help banks lend more
A loan in which the lender can take your property, like a car or machine, if you do not repay
A US company created by the government that buys and guarantees home loans to help the mortgage market
- Formal
A document that says a bank can take your property if you do not pay back a loan
How Restrictive
- Formal
- Specialized
- Specialized
- Formal
- Specialized
Surface Forms
Etymology
Mortgage comes from old French words meaning 'dead' (mort) and 'pledge' (gage), and the 'mort' part is the same root as in mortal. A 'dead pledge' was a promise that 'dies' when the debt is paid, which is why a mortgage is a loan tied to property that ends when you pay it back.