Mortgage an Asset or Liability? 145 viewsJuly 9, 2025#assetsandliability 1 LuckScout Member July 2, 2025 0 Comments On a balance sheet, where does a mortgage entered? Is it on Asset column or a liability column. 8 Answers ActiveVotedNewestOldest 0 LuckScout Member Posted July 8, 2025 0 Comments A mortgage is always a liability until it’s paid off, especially for older people. At my age I would never have a mortgage! You are viewing 1 out of 8 answers, click here to view all answers. Register or Login