A 15 year car loan is excessive.I would consider the 50 year mortgage as a first time buyer though.unusual_whales (@unusual_whales):The US Trump Administration is reportedly working on 15 year car loans.US President Donald Trump also posted yesterday regarding allowing 50 year mortgages. ...

Housing Market & Affordability - The Trump administration proposed a 50-year mortgage to improve home affordability [1] - FHFA is considering the proposal, potentially revolutionizing the mortgage market [1] - A longer mortgage term aims to reduce homeowners' monthly payments [1][2] Financial Implications of 50-Year Mortgage - Based on a median home price of $415,200 and a 63% interest rate, a 30-year mortgage results in $2,56 monthly payments [2] - Extending the mortgage to 50 years at the same interest rate would lower monthly payments to $1,823, saving $233 per month [3] - With a 50-year mortgage, homeowners build equity slower and pay 40% more interest to lenders [3] Regulatory & Market Considerations - Implementing a 50-year mortgage requires regulatory changes under the Dodd-Frank Act [4] - Changes to regulations could take up to a year [5] - Increasing housing supply is crucial to combat inflated home prices, regardless of mortgage rates [5]

Market Trend & Policy - The Trump administration proposed a 50-year mortgage option to make home buying more affordable [1] - FHFA is considering the 50-year mortgage, viewing it as a potential "game changer" [2] - Analysts suggest that implementing a 50-year mortgage may require regulatory changes to the Dodd-Frank Act, potentially taking up to a year [5] - The housing market needs more supply to combat inflated home prices, regardless of mortgage rates [6] Financial Implications - A 50-year mortgage could lower monthly payments, illustrated by a decrease from $2,506 to $1,823 on a $415,200 home with a 20% down payment and a 63% interest rate [3] - While monthly payments decrease by $233, homeowners build equity slower and pay 40% more interest over the loan term [4] - Shorter-term loans (15-year fixed) currently have lower interest rates (66 basis points lower) than 30-year fixed loans, suggesting a 50-year mortgage might have a higher interest rate [7] Risks & Considerations - A higher interest rate on a 50-year mortgage could negate the benefit of lower monthly payments [8] - Concerns exist that a 50-year mortgage resembles an interest-only mortgage due to the slow equity building [9] - The average homeowner may not stay in their home long enough to benefit from a 50-year mortgage [9][10]

People are more upset about a 50 year mortgage than they are about the government sponsored lottery in every gas station, sports betting ads shoved down the throats of the younger generation, and accreditation laws that prevent smart people from investing in the private market. ...

When we start off with the news over the weekend, we heard the we saw the president post about this, a 50-year mortgage. The 30-year has been the standard here in the US. We also, in all fairness, offer 15-year mortgages.>> Yeah. >> Your thoughts on a 50-year mortgage and what would that do to home prices. The idea of a longer mortgage.>> So, it's interesting. We we ran the math. Um, it's about $120 in savings per month.It increases buying power by by about 5%. So, call it $20,000. Um, but it's not a clean ...

RT Adam Livingston (@AdamBLiv)The 50-year mortgage is actually brilliant if your IQ is over 120.Everyone else is screaming about debt slavery while the rest of us are running the numbers like, ‘Wow, I get to pay less per month AND the dollar collapses faster than I can?’Congrats, you just turned your house into a leveraged short on the United States government.Millennials finally get a win, and it’s betting against America’s ability to do math. ...

Personal Finance Challenges - Individual faces empty fridge and resorts to a 4-week payment plan for a $185 grocery haul [1] - Account is overdrawn, indicating potential cash flow issues [1] - Retirement savings project $11 thousand per year after age 67, suggesting potential inadequacy [1] - Significant mortgage interest paid ($316 thousand) compared to principal paid ($9 thousand) highlights the burden of debt [1] Generational Financial Perspective - The situation is characterized as "zoomer time," reflecting the financial struggles of the younger generation [1]

Enjoying my favorite American restaurant today because I refinanced to a 50 year mortgage and have extra cash https://t.co/t8zWVj3H4zWendy O (@CryptoWendyO):I don’t think a 50 year mortgage is bad.It gives everyone more flexibility financiallyYou can pay a mortgage off earlyNot sure how else to lower home costs in 2025 ...

Housing Affordability & Debt - 50-year mortgage aims to make homes more "affordable" for young people without lowering asset prices for boomers [1] - Housing constitutes 60% of the average American's portfolio, making it politically sensitive [1] - More homes could lead to lost elections, resulting in increased debt [1] Mortgage Analysis - A $500k mortgage over 30 years would cost ~$3,160/month, while a 50-year mortgage would cost ~$2,793/month [1] - The 50-year mortgage offers only an 11% reduction in the monthly payment [2] - The 50-year mortgage results in an additional $538.2 thousand in interest [2]

I don’t think a 50 year mortgage is bad.It gives everyone more flexibility financiallyYou can pay a mortgage off earlyNot sure how else to lower home costs in 2025 ...