Yes, 10 years. The term for the mortgage conversion in 2022 is in the contract, so it is time-limited and will expire when the signing date is 10 years later. A mortgage loan is a kind of bank loan specially established for buying a house. It is a loan that a house buyer applies to the bank and repays on time in the later period. The amount of the mortgage loan is relatively high. When the bank approves it, the house must be used as a mortgage and the contract must be paid. Pay off the principal and interest in full every month.