noun phrase · neutral
mortgage payments
UK/ˈmɔːɡɪdʒ ˈpeɪmənts/US/ˈmɔːrɡɪdʒ ˈpeɪmənts/MOR·gage PAY·ments
regular payments made to repay a mortgage loan
Examples
“Monthly mortgage payments are a significant expense for many households.”
“Missed mortgage payments can result in repossession of the property.”
“Fixed-rate mortgage payments remain the same for the term of the loan.”
Band 8 sentence
“Escalating mortgage payments driven by rising interest rates have squeezed household budgets and dampened consumer confidence.”
Collocations
- miss mortgage payments
- monthly mortgage payments
Word family
Common mistakes
monthly mortgage payment are→monthly mortgage payments are
to pay mortgage payments→to make mortgage payments / to pay the mortgage
Say it for a higher band
5pay the mortgage→6mortgage payment→7+mortgage payments
Synonyms
mortgage instalments
Easily confused
loan repayments
“Loan repayments on short-term loans tend to be higher each month.”
Related words
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In Hometown & Housing
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