In Monopoly Can You Mortgage Property?

In Monopoly Can You Mortgage Property?

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Before we can know the answer to the question of a mortgage in the Monopoly game that this article is answering, we have to be familiar with the meaning of the term, “mortgage” itself. In normal English, to mortgage a house means pledging that house or using it as a collateral to get loan(s). This is done In such a way, the lender now has the right to seize the property if the loan repayment is defaulted. This is the real-life situation of carrying out a mortgage using a property. 

So can you mortgage roperty in Monopoly?

Mortgages can be carried out at any time through the bank in Monopoly. However the only property that can be mortgaged is ones that don’t have houses and hotels on them. You can sell the houses and hotels and then mortgage the property if you have to. Mortgaging your property can be done anytime that you need during the game. 

If you would like to know more about if you can mortgage a property in Monopoly, you will want to keep reading this article. You can also check out this video to learn the official rules of playing Monopoly. 

Mortgaging Property

Now, what is the obvious reason for mortgaging a property in Monopoly? This is commonly because such a property is not bringing you returns, in a sense, you are not making money from it. The property or house has now become more of a liability. You can then decide to mortgage such a house.

It is also not impossible to get instances whereby profitable houses are mortgaged in Monopoly as well. Even though a house is bringing you money and it is yielding profits, you can still decide to mortgage it. It is just that unlike the ones that are not profitable, you cannot do this at just anytime.

Before a player can mortgage a property in this game, all properties that have the same color as the yielding one that you intend to mortgage must be paid again to the treasury, 50% of the original amount. One thing you should know about mortgaging in Monopoly is that the price for each property is written on the ownership deed paper of each one of them. Once a property is mortgaged, there would be a need for the ownership deed card to be turned upside down till the pledging period is over.

What then is the situation of yielding and making profit from the mortgaged property and the ones that are not? You cannot make any profit from a property that has been mortgaged. In a sense, you cannot collect any rent on a mortgaged property. For that period of mortgage, the mortgaged house can not bring you any profit. But what of properties that are not mortgaged? You definitely can collect rent on them if they fall into the same property class.

Raising The Mortgage

We have been exposed to the fact that one can mortgage houses in a Monopoly game and how this is done. We now know that mortgaged houses do not bring in any rent, and as a result, no profit. How can a mortgage be raised? What would be required for the mortgage pledge to be removed is for the owner of such a mortgaged property to pay to the bank the whole amount of the mortgage together with 10% interest. We also have to take note that it is until all properties of the same color have been released from their mortgage that the owner can now start to purchase houses at the full price.

Basic Mortgage

It is very important to be familiar with some basic rules of using a mortgage in Monopoly. You have to know that it is still the player who mortgages a property that retains the disposal and control of such property. No other game player can buy or take control of it by raising such a mortgage from the treasury. 

You should also know that the owner of this mortgaged property may choose to sell off the house to another player at a price agreed between themselves. Once you become the new proprietor, you may choose to raise the pledge of the house all at once by paying the mortgage price together with the 10% interest on it to the treasury. In a situation whereby you choose not to remove the pledge at once, you have to follow these processes. 

A 10% interest would have to be paid on the property and would have to be paid to the bank upon purchase of the property. When you now want to raise the mortgage amount, you have to pay an additional 10%, as well as the full mortgage fees to the bank. This is why most players in Monopoly choose to pay off the mortgage at once in order to reduce costs.

The mortgage rules in Monopoly are ones that you should master very well. Why is this so? If you intend to be a very good player of Monopoly, you have to be very skilled at improving your finances. If you want to improve your finances in Monopoly, mastering the rules of mortgaging is a very key way in this game to do this. So, yes, you can now confidently say after reading this article that one can mortgage properties in a Monopoly game. You just have to know the rules binding it, so you will not end up on the wrong side of the mortgage.

How To Play Monopoly

Monopoly is a board game currently published by Hasbro. In the game, players roll two six-sided dice to move around the game board, buying and trading properties, and developing them with houses and hotels. 

Players collect rent from their opponents, with the goal being to drive them into bankruptcy. Money can also be gained or lost through Chance and Community Chest cards, and tax squares; players can end up in jail, which they cannot move from until they have met one of several conditions. In order to win the game, all you need to do is to make all of the other players file bankruptcy. 

The game has numerous house rules, and hundreds of different editions exist, as well as many spin-offs and related media. Monopoly has become a part of international popular culture, having been licensed locally in more than 103 countries and printed in more than 37 languages. 


From this article, we have seen that properties can be mortgaged in the Monopoly game. We have also seen the conditions under which one can raise a mortgage or pledge. You have to pay the mortgage fee and the 10% interest for every mortgage you lift. We have seen that it is quite advisable to lift the mortgage at once rather than waiting, in order to help reduce costs.

We have also seen the effect that mortgaging has on a house in the Monopoly game. If one of your properties is mortgaged and you own the set, you will not be able to build any houses until the mortgage is paid off of the one property. This is how a mortgage can not only affect the property, but it can also affect the house, and the building of houses on your property. 

Most of the time, games are won and lost by building houses on your properties. If your properties are mortgaged though, you will not be able to build any houses. This is why it is important to make sure that you know the rules of the game you are playing and what the specific rules of the version of Monopoly are when referring to mortgaging your property. 

Matt Robbs

There is nothing quite so enjoyable as bringing back memories from your childhood. We used to spend hours playing pinball in my friends basement and that really got me involved in everything retro!

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