How Does Mortgage in Monopoly Work: Mastering the Monopoly Mortgage Strategy




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How Does Mortgage in Monopoly Work

Welcome to the exciting world of Monopoly! If you’re a fan of this popular board game, you may have come across the concept of mortgage during gameplay. Understanding how mortgage works in Monopoly is crucial in strategizing your way to victory. In this article, we’ll delve into the details of mortgage and its mechanics, giving you insights on how to make the most of this game element.

What is Mortgage in Monopoly?

Mortgage is a financial tool available in Monopoly that allows players to borrow money using their properties as collateral. When you mortgage a property, you receive an amount of money equal to the property’s mortgage value, which is usually half of its purchase price.

Mortgaging a Property

When you decide to mortgage a property, you must first make sure that you own the property outright and that it is not already mortgaged. You can mortgage properties, utility spaces, and even railroads. However, you cannot mortgage individual houses or hotels that are built on your properties. In order to mortgage a property, you must land on the space or use a “Mortgage” card.

To mortgage a property, simply turn the property’s Title Deed card facedown and collect the mortgage value from the bank. This provides you with an immediate injection of cash, which can be useful for various purposes during the game.

Paying off a Mortgage

When you have mortgaged a property, you still retain ownership of it and are eligible to collect rent from opponents who land on it. However, mortgaged properties do not generate any income until the mortgage is paid off. In order to pay off a mortgage, you must return the mortgage value plus an additional 10% interest to the bank. Once the mortgage is lifted, the Title Deed card is flipped face-up again.

Advantages of Mortgaging

Mortgaging properties in Monopoly can provide temporary relief when you find yourself in need of cash. Whether you need the money to purchase other properties, pay off debts, or invest in houses and hotels, mortgage allows you to quickly obtain funds and continue your journey towards victory.

Another advantage of mortgage is that it can help you avoid bankruptcy. If you land on a property and cannot afford to pay the rent, you have the option to mortgage your properties to cover the cost. This allows you to stay in the game, maintain your property holdings, and potentially turn the tide of the game in your favor.

Disadvantages of Mortgaging

While mortgage can be a useful tool, it also comes with drawbacks. One significant disadvantage is the loss of potential income from mortgaged properties. As long as a property is mortgaged, you are unable to collect rent from other players who land on it.

In addition, when you choose to mortgage a property, it becomes vulnerable to being auctioned off by other players if they land on it. If you cannot afford to pay the amount owed, the property goes up for auction, allowing opponents to bid on it. If another player wins the auction, they become the new owner of the property, putting you at a disadvantage.

Strategies for Mortgage in Monopoly

To make the most of mortgage in Monopoly, it’s essential to develop effective strategies. Here are a few tips to keep in mind:

1. Use Mortgage Strategically:

Mortgage properties strategically to raise capital when needed or to avoid bankruptcy. Evaluate the potential benefits and drawbacks of mortgaging each property before making a decision.

2. Plan Mortgage Payments:

Ensure that you have a plan to pay off mortgages as soon as possible. This will enable you to start generating income from those properties again, boosting your cash flow and overall financial position.

3. Be Cautious With Property Auctions:

Try to avoid having your mortgaged properties go up for auction by planning your finances and investments wisely. This will help you maintain control over your properties and prevent your opponents from acquiring them at a lower cost.

Frequently Asked Questions On How Does Mortgage In Monopoly Work: Mastering The Monopoly Mortgage Strategy

What Is The Purpose Of A Mortgage In Monopoly?

In Monopoly, a mortgage allows players to raise cash by using their properties as collateral.

Can You Mortgage Any Property In Monopoly?

Yes, any property that is not already mortgaged and does not have houses or hotels on it can be mortgaged.

How Much Money Do You Receive When You Mortgage A Property?

When you mortgage a property, you receive half of its purchase price. So, the amount varies depending on the property.

What Are The Benefits Of Mortgaging A Property?

Mortgaging a property in Monopoly can provide immediate cash flow, allowing you to invest in other properties or pay off debts.


Mortgage plays an integral role in the strategy and gameplay of Monopoly. By understanding how mortgage works and implementing smart tactics, you can leverage this tool to your advantage. Be mindful of the advantages and disadvantages associated with mortgaging, and use it strategically to help you progress towards victory. With these insights in mind, go ahead and conquer the Monopoly board with your newfound mortgage expertise!

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