X @Nick Szabo
Nick Szaboยท2025-11-09 02:52
RT ๐ฟ Woe to those who dwell upon the earth ๐ฟ (@treblewoe)Here are the 15, 30, and 50 year amortization tables for a $500k 6.5% loan. If you take the 50 year loan at age 30, by the time you turn 50, you will still owe $447,235 after paying 632,749 in usury. This is literal indentured servitude. Oh, & they own the house until you're done https://t.co/UKivdRFKzU ...