Phrases Talking About Financial Matters

To pay off a mortgage

B2

Meaning

To repay a loan used to buy a house.

Examples

  • John: We're finally making good progress on the house.
  • Alice: That's great! How much longer until you <b>pay off the mortgage</b>?
  • John: A few more years, hopefully. It feels good to be actively working <b>to pay off the mortgage</b>.
  • Alice: It's a huge accomplishment!