Mortgage in a Sentence  πŸ”Š

Definition of Mortgage

a loan given from a financial institution for a person’s property which causes the person to pay it back plus interest

Examples of Mortgage in a sentence

The newly married couple checked the rates on the mortgage to determine how much they would have to pay for their dream home.  πŸ”Š

When the homeowner lost her job, she was unable to pay the mortgage on her home resulting in a foreclosure.  πŸ”Š

Usually the most expensive monthly bill is the mortgage because this loan is for the most expensive item they own, a house.  πŸ”Š

The terms of the mortgage included the interest rate at 3.92% with a fixed rate for 30 years.  πŸ”Š

After the retired couple paid off their 25-year mortgage on their condo, they celebrated with a party.  πŸ”Š

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