Questions about example sentences with, and the definition and usage of "Mortgage"

The meaning of "Mortgage" in various phrases and sentences

Q: What does mortgage mean?
A: It’s another word for a ‘house loan’
Q: What does mortgage mean?
A: A mortgage is a loan you take out, secured against a house. Often people take on our to buy that same house. So most people who own a house are making payments to repay their mortgage. When you’ve paid it all back you say you own the house “outright”.

If you can’t repay it, the bank can repossess the house from you. For that reason, sometimes people say “mortgage” as a metaphor to mean “risk something valuable for current gain”, in a bad way. E.g. “the politicians want to mortgage our children’s future”.
Q: What does mortgage mean?
A: The money you have to pay to a bank if the bank lent you money to buy a house
Q: What does mortgage mean?
A: = hipoteca
é um empréstimo onde se deixa um bem como garantia, normalmente a casa.
Q: What does mortgage mean?
A: It is a loan used to buy a house.

Example sentences using "Mortgage"

Q: Please show me example sentences with mortgage.
A: He will have to take out a mortgage in order to buy the house.
They hope to pay off the mortgage on their home soon.
I am taking out a mortgage to buy this house.
Q: Please show me example sentences with mortgage.
A: A mortgage is a loan that a person uses to buy a house. The house is used as collateral on the loan, so if the borrower fails to make payments on time, the bank that lent the mortgage may foreclose on the house and take it away from the borrower.

"I took out a mortgage to get this house. I have to pay my mortgage every month, but it's cheaper than paying rent, and I'm building equity."
Q: Please show me example sentences with mortgage.
A: I was able to buy a condo with a mortgage loan from a bank.
Q: Please show me example sentences with mortgage.
A: “ I just paid my mortgage this month”.

“My mortgage rate went up again”

“I had to remortgage my house to avoid foreclosure”

Q: Please show me example sentences with mortgage.
A: It's important to pay your mortgage monthly.
Mortgage is like rent, but you are paying a bank back for a loan on your house.

Synonyms of "Mortgage" and their differences

Q: What is the difference between mortgage and loan ?
A: A mortgage is a type of loan specific to owning a house.
A loan could be for different things, in general.
Q: What is the difference between mortgage and loan ?
A: is correct. I'd like to add the following subtle points:

A mortgage is any sort of loan and does not have to be for the sole purpose of buying property. However, the distinguishing characteristic of a mortgage is that you must use real estate as a "collateral". Basically, if you default, the lender will use your collateral to pay themselves.

Because of this security for lenders, they are usually willing to lend larger sums of money and for longer periods of time at lower interest rates than other forms of loans which are not backed up by real estate.
Q: What is the difference between mortgage and credit and loan ?
A: If you don’t have enough money to buy a house (and in the US almost nobody does) you get a mortgage. You can also say “I mortgaged the house.” This means the bank owns the house until you pay them back.

A bank looks at your credit history or credit score to decide if they will loan you money for a mortgage.

If you have not paid your bills on time or have had other money problems you will have a low credit score and the bank will not give you a loan.

You can say “I got a loan from the bank to pay for my car.” Or “I will loan you some money so you can pay the bill.”

Translations of "Mortgage"

Q: How do you say this in English (US)? _______ low mortgage rate
A: Historical mortgage rate is correct

Historically low mortgage rate is correct

Historical low mortgage rate is incorrect

Here are a couple examples of how you could use “historical low” and “historically low” in a sentence (in case it is helpful):

mortgage rates dropped to a historical low

mortgage rates are historically low

Q: How do you say this in English (US)? they pay mortgages and contemplate amortization schedules and property taxes.
A: Check the question to view the answer
Q: How do you say this in English (UK)? to take out the mortgage
A: I would like to take out a mortgage.
Q: How do you say this in English (UK)? mortgage
A: Just as you wrote it "Mortgage"

Other questions about "Mortgage"

Q: How much is your mortgage?

Does this mean the total amount of the mortgage or only monthly mortgage you pay each month?
A: If someone asked me this I would have to get clarification because I think it could mean either one! Also do they want to know the interest rate? How many years you have to pay it off? I'd have to follow up to answer accurately.

I've heard of "a mortgage", "mortgage payment", and "mortgage bill" to refer to the dollar amount you pay monthly to the bank. Here's some examples:
"I can't quit my job, I've got a mortgage to pay."
"Americans need relief payments in order to pay off their mortgage bills."
"My mortgage payment is over 60% of my paycheck."
Q: What is the mortgage?
Can you give me some examples?
A: @Oceanii Yes, you can say "How much is your mortgage?"

However, this is a little bit ambiguous, mostly due to people using mortgage wrong. Many people will say "mortgage" when they mean "monthly mortgage payment", such as "How much is the mortgage on a $250k house?" or "My mortgage is $2000/month."

To be completely clear you might say "How much is the loan amount on your mortgage?" or "What is the total amount of your mortgage?".
Q: What does "To take out a mortgage"?

And this another expression: To take out a loan, is it mean the same that the previous one?


Thanks a lot in advance!
A: It means to take a loan, using your house as collateral.
Q: What exactly is a mortgage?
A: A loan given by a bank or similar establishment for the purpose of buying a house.
Q: mortgage / mortgages Am I saying it right ? does this sound natural?
A: Too much separation between syllables.

The second syllable should not be stressed, it is pronounced
/ɡɪdʒ/

The "t" is completely silent

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