mortgagorium
A temporary reprieve on making mortgage payments, usually after refinancing. Combination of "mortgage" and "moratorium."
Dude, sweet new flat-panel TV! But how are you going to pay your bills?
No sweat, I just got a refi so I have a one-month mortgagorium.
No sweat, I just got a refi so I have a one-month mortgagorium.