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Anonymous Posted 13 years ago
Grammar

mortgage

Is this phrased correctly?

The price of the house is less than the mortgage on.

Thanks
  

Top answer

The price of the house is less than the mortgage on it.

— Mister Micawber

  • The price of the house is less than the mortgage on it.
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4 Answers
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The price of the house is less than the mortgage on it.
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What do you think of:The house is worth less than the mortgage on it.
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AnonymousWhat do you think of:The house is worth less than the mortgage on it.
Value and price are different measures, but your sentence is OK.
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The house is worth less than the mortgage on it.

I believe the current slang for this situation is The owner is under water.

Clive
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