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Monthly mortgage payment
Part A - Short definition:
Part B - Detailed definition:
Refers to regular monthly mortgage or loan payments for the dwelling.
Private households in owner-occupied non-farm dwellings
Direct variable: Question E10(a)
None; Dollar value
In cases where mortgage payments are made in increments other than monthly (e.g., bi-weekly), all payments made in that year are added and then divided by 12, to obtain the average monthly amount paid.
See the definition Owner's major payments.