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IELTS BNC: 2483 COCA: 3215

an agreement that allows you to borrow money from a bank or similar organization, especially in order to buy a house, or the amount of money itself(尤指购房的)按揭,抵押贷款

They took out a £40o,000 mortgage (= they borrowed £40o,000) to buy the house.他们借了4万英镑的抵押贷款来买房子。
a monthly mortgage payment每月偿付的抵押贷款

More examples

People who default on their mortgage repayments may have their home repossessed.

Having a big mortgage is a real drain on your earnings.

After falling behind with his mortgage repayments he now faces eviction from his home.

She got behind with her mortgage and the house was repossessed.

They were forced to give up their home because they couldn't pay the mortgage.

to borrow money to buy a house(房屋)做抵押贷款

Their home was mortgaged up to the hilt (= the full value of their home had been borrowed).那所房子被完全抵押出去了。

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