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Your regular monthly mortgage payment.

Merriam-Webster Online Dictionary
installment (noun)
- installation
installment (noun)
1.
one of the parts into which a debt is divided when payment is made at intervals
2.
a) one of several parts (as of a publication) presented at intervals
b) one part of a serial story
Merriam-Webster Online Thesaurus
installment (noun)
the process or an instance of being formally placed in an office or organization
SYNONYMS:
baptism, inaugural, inauguration, induction, initiation, installment ( instalment), investiture, investment
RELATED WORDS:
enlistment, enrollment ( enrolment); promotion
NEAR ANTONYMS:
discharge, removal
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