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mortgages

Word

Learn how to use mortgages in a sentence: 3 audio examples across 1 meaning.

Context: “finance”

(noun) a loan taken out to buy property or land, where the property is used as collateral. When you borrow money from a bank to buy a house, you usually have to pay back the loan in monthly installments.

Example

They applied for a mortgage to buy their first home.

Example

They couldn't afford the monthly payments on the mortgage.

Example

Have you considered getting a mortgage for your new house?

How to pronounce mortgages

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