What does mortgage mean in monopoly?

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In the popular board game Monopoly, the term “mortgage” refers to a financial mechanism that players can use to raise funds or reduce their financial obligations. Understanding how mortgages work in Monopoly is essential for strategic gameplay and maximizing your chances of success. This article will delve into the concept of mortgages in Monopoly, explaining their purpose, mechanics, and implications.

What is a Mortgage in Monopoly?

In Monopoly, a mortgage is a transaction that allows a player to borrow money against their properties’ value. By mortgaging a property, a player can receive a loan from the bank, which can be used to purchase properties, pay off debts, or invest in other strategic moves. When a property is mortgaged, it is temporarily taken out of play and cannot generate income or be developed until the mortgage is lifted.

Mortgaging Properties

To mortgage a property in Monopoly, a player must land on an unowned property and choose not to purchase it. Instead, they can opt to mortgage the property immediately, receiving a cash amount from the bank equal to half of the property’s purchase price. For example, if the property’s purchase price is $200, the player would receive $100 when mortgaging it.

Lifting a Mortgage

Once a property is mortgaged, the player has the option to lift the mortgage at any time by paying the mortgage amount plus an additional 10% interest to the bank. For example, if a property was mortgaged for $100, the player would need to pay $110 to lift the mortgage. Once the mortgage is lifted, the property is no longer considered mortgaged and can generate income and be developed as usual.

Benefits and Drawbacks of Mortgaging

Mortgaging properties in Monopoly can provide players with immediate cash flow, allowing them to make strategic moves or pay off debts. However, there are both benefits and drawbacks to consider when deciding whether to mortgage a property.

– Immediate cash infusion: Mortgaging a property provides players with instant funds, which can be useful for purchasing other properties or paying off debts.
– Debt management: Mortgaging can help players manage their financial obligations by providing a way to raise money quickly.
– Strategic flexibility: By mortgaging properties, players can make strategic moves that may give them an advantage over their opponents.

– Loss of income: Mortgaged properties do not generate income until the mortgage is lifted, potentially reducing a player’s overall cash flow.
– Limited development: Mortgaged properties cannot be developed with houses or hotels, which limits their potential for generating higher rental income.
– Higher costs to lift mortgages: The additional 10% interest when lifting a mortgage means that players will need to pay more than the original mortgage amount to regain full control of the property.


In Monopoly, mortgages play a crucial role in managing finances, raising funds, and making strategic moves. Understanding how to effectively use mortgages can give players an advantage in the game. By mortgaging properties strategically and weighing the benefits against the drawbacks, players can navigate the game with a better understanding of the financial mechanics at play.


– monopoly.hasbro.com
– en.wikipedia.org/wiki/Monopoly_(game)