👉 The word "mortgage" is the fancy term for paying off a loan to buy a house, much like how you might say, "I've paid my mortgage by putting down $20,000 and now I can afford my own place." A more sinister twist would be if your mortgage were "payed cash," meaning you'd pay it out of pocket. Like a bad loan that's been lying around for days to cover up the cost of an expensive new car or a fancy new house.
Here’s how it looks: - If you have a mortgage and your payments are being collected by your mortgage company, they would say "Payed Cash." - Example sentence: You're thinking about buying a new car, but you need some extra cash to pay for the lease. Instead of putting down $20,000, you decide to buy it outright with cash. - If you owe money on a mortgage and you can't pay it back in full, your lender may say "mortgage or payed cash." This is an edgy twist because it's like saying the mortgage company should be "paying off" a bad loan rather than paying it out of pocket. It's not just a phrase; it's a warning that even with good intentions, making payments without giving back the full amount can lead to financial problems.
