Trumps 50 year mortgage

6,479 Views | 71 Replies | Last: 16 days ago by agwrestler
MRB10
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11:05a, 11/16/25
AG
Good run down.

https://www.jameslavish.com/p/the-50-year-mortgage-financial-innovation
“There is no red.
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agwrestler
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In reply to EFR • 4:36p, 12/12/25
AG
EFR said:
The 50 year idea isn't good for the consumer. If you look at an amortization table for a 50 vs 30, the monthly payment goes down a bit but not that much, and total interest paid is astronomical.
It is hard to say if renting or buying is better, because it is so specific to each person's circumstances.


This is why I'm paying bi-weekly on my mortgage matched up with payday. Math shows to payoff ~7 years earlier.
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