a mortgage

A "mortgage" is a kind of loan. It's the kind of loan that people get when buying a house or other real estate. The borrower pays back the loan gradually, and if they can't pay it for some reason the bank will take back the property.

You can talk about a mortgage like this:

I can't just quit my job. I have a family, a mortgage, bills to pay...

Our mortgage is almost paid off.

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