What is the difference between a mortgage and monthly rent?

Monthly rent is payment for using someone else's property.

A mortgage payment is payment for a loan you obtained to purchase real property that you own.

Monthly rent is payment for using someone else's property.

A mortgage payment is payment for a loan you obtained to purchase real property that you own.

Monthly rent is payment for using someone else's property.

A mortgage payment is payment for a loan you obtained to purchase real property that you own.

Monthly rent is payment for using someone else's property.

A mortgage payment is payment for a loan you obtained to purchase real property that you own.

Monthly rent is payment for using someone else's property.

A mortgage payment is payment for a loan you obtained to purchase real property that you own.