If you plan to buy a house and cannot afford to pay for it in cash, you should consider applying for a mortgage.
Obtaining a mortgage to buy a house means that you will not be liable for the total cost of the property upfront. You will be able to pay for the house in small amounts over a set period, typically 25 years, with interest.
It is worth noting that when you get a mortgage, the property serves as collateral for the loan. Therefore, if you default on your mortgage, your lender has the right to seize the collateralized property.