Categories: AllIn the News

Trump Posted On Truth Social About 50-Year Mortgages, And Everyone’s Saying The Same Thing


Not including property taxes, HOA fees, insurance, and other costs, a 30-year mortgage on a $1.1 million house at a 6% interest rate with 20% down would mean a $5,276 monthly payment. You would pay $1,019,376 in interest over the life of the loan.

With the same numbers and a 50-year mortgage, the monthly payment would be $4,632 — definitely less! However, you’d pay $1,899,417 in interest over that time. That’s a whopping $880,041 more!

Morgan Sloss

Recent Posts

Employees Are Sharing The Worst “HR Is Not Your Friend” Stories They’ve Ever Experienced

3. "A coworker accidentally backed his company truck into my personal car while it was…

9 minutes ago

The 25 Funniest Memes About The Great Kit Kat Heist

Yeah, this actually happened.View Entire Post ›

16 minutes ago

I Highly Doubt You Can Guess These Medical Dramas Just From A Screenshot Of Their Hospital Rooms, So Try And Prove Me Wrong

Identify The Medical Drama By Hospital Room Set: Quiz I like to think I watch…

18 minutes ago

Usha Vance Clarified Her Political Views After Previously Being A Registered Democrat

"Everyone knows that I really care greatly about JD's success."View Entire Post ›

26 minutes ago

23 Wholesome Internet Moments That Will Make You Feel A Tad Bit Better About The World

I feel so much better already after seeing these.View Entire Post ›

48 minutes ago

There Are 28 Female Rulers In The World Right Now, And I Bet You Didn’t Know About Most Of Them

But that just means it's the perfect time to take a look at the women…

51 minutes ago