"Yr mortgage" is a shortcut way of saying "your mortgage." It refers to the loan you take out from a bank or lender to buy a house or property. Full definition
But in those early years, its so tough to make the numbers work that I would have to suggest the 30 yr mortgage in almost any scenario.. (biggerpockets.com)
Right now you can get a 5 yr mortgage for just under 4 % so the extra ~ 0.8 % is the penalty. (moneysmartsblog.com)
I will never understand why anyone buys a 30 yr mortgage when it means that over 30 yrs you will have paid enough in interest to buy two homes! (freefrombroke.com)