Trump proposes 50 year mortgage
4h
President Donald Trump proposed a 50-year mortgage to make U.S. homeownership more affordable; economists said it could lower payments but raise long-term costs, and conservative lawmakers and influencers criticized it.
Facts. The math doesn’t math.
Just a stunt to claim housing is “affordable” because monthly payments are spread out longer.
Just a stunt to claim housing is “affordable” because monthly payments are spread out longer.
If you buy a home at $250k at 6% fixed and stay in it for 12 years you'd pay $160k in interest and $50k principal.
A 50 year mortgage is $230k in interest and on $14k principal.
So, 70% less equity.
In 12 years, you'd still owe 95% of the loan.
A 50 year mortgage is $230k in interest and on $14k principal.
So, 70% less equity.
In 12 years, you'd still owe 95% of the loan.
November 11, 2025 at 8:34 PM
Facts. The math doesn’t math.
Just a stunt to claim housing is “affordable” because monthly payments are spread out longer.
Just a stunt to claim housing is “affordable” because monthly payments are spread out longer.
by Paul Fisher
Its like an SNL skit. The 10 thousand year mortgage!
November 12, 2025 at 2:54 AM
Its like an SNL skit. The 10 thousand year mortgage!
In Trump’s America you pay for your house for the rest of your life while he’s hosting The Great Gatsby & opera and truffles parties for his wealthy friends at his palatial mansion.
INGRAHAM: Is a 50 year mortgage really a good idea?
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
November 11, 2025 at 2:24 AM
In Trump’s America you pay for your house for the rest of your life while he’s hosting The Great Gatsby & opera and truffles parties for his wealthy friends at his palatial mansion.
Looking forward to Trump next hawking a new 50-year mortgage turnaround to the rubes that transforms a mortgage into a reverse mortgage after 25 years
November 11, 2025 at 3:58 PM
Looking forward to Trump next hawking a new 50-year mortgage turnaround to the rubes that transforms a mortgage into a reverse mortgage after 25 years
That’s one way of putting it: “The episode underscores the haphazard ways consequential policies are sometimes brought before the president, and how Trump’s govern-by-whim nature can backfire.” www.politico.com/news/2025/11...
‘Sold POTUS a bill of goods’: WH furious with Pulte over 50-year mortgage
The White House was blindsided by the idea and is now dealing with a furious backlash from conservative allies, business leaders and lawmakers.
www.politico.com
November 10, 2025 at 11:37 PM
That’s one way of putting it: “The episode underscores the haphazard ways consequential policies are sometimes brought before the president, and how Trump’s govern-by-whim nature can backfire.” www.politico.com/news/2025/11...
Reposted by Daniel W. Drezner, Scott A. Imberman
If you’re seeing this viral claim that Trump is working on 15-year car loans, it’s fake.
November 10, 2025 at 11:38 PM
If you’re seeing this viral claim that Trump is working on 15-year car loans, it’s fake.
Reposted by Silvia Secchi, Scott A. Imberman
Let's say you take out a $400,000 mortgage loan at 6.25% - and choose a 50-year mortgage instead of 30 years.
In return for saving $283 monthly, you will pay an extra $421,302 in interest over the life of the loan.
Or if you sell at 15 years, will have paid down just $29,000 in equity. Not good.
In return for saving $283 monthly, you will pay an extra $421,302 in interest over the life of the loan.
Or if you sell at 15 years, will have paid down just $29,000 in equity. Not good.
INGRAHAM: Is a 50 year mortgage really a good idea?
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
November 11, 2025 at 4:07 PM
Let's say you take out a $400,000 mortgage loan at 6.25% - and choose a 50-year mortgage instead of 30 years.
In return for saving $283 monthly, you will pay an extra $421,302 in interest over the life of the loan.
Or if you sell at 15 years, will have paid down just $29,000 in equity. Not good.
In return for saving $283 monthly, you will pay an extra $421,302 in interest over the life of the loan.
Or if you sell at 15 years, will have paid down just $29,000 in equity. Not good.
NARRATOR: Neither of these things are really good ideas
One is the fruits of executive overreach that SCOTUS will hopefully strike down, in which case there will be no money to fund it
The other makes it even less likely most people will ever truly own a home while lining the pockets of big banks
One is the fruits of executive overreach that SCOTUS will hopefully strike down, in which case there will be no money to fund it
The other makes it even less likely most people will ever truly own a home while lining the pockets of big banks
QUINTANILLA: What's more likely -- a $2,000 tariff rebate check or a 50 year mortgage?
HASSETT: They're both really good ideas
HASSETT: They're both really good ideas
November 11, 2025 at 4:27 PM
NARRATOR: Neither of these things are really good ideas
One is the fruits of executive overreach that SCOTUS will hopefully strike down, in which case there will be no money to fund it
The other makes it even less likely most people will ever truly own a home while lining the pockets of big banks
One is the fruits of executive overreach that SCOTUS will hopefully strike down, in which case there will be no money to fund it
The other makes it even less likely most people will ever truly own a home while lining the pockets of big banks
Another trump scam!
"...over the course of the 50-year mortgage, the buyer of a $400,000 home will have paid over $1 million in interest, compared to $493,000 in interest payments for a 30-year mortgage. The big winner here is the lender, not the home buyer."
open.substack.com/pub/populari...
"...over the course of the 50-year mortgage, the buyer of a $400,000 home will have paid over $1 million in interest, compared to $493,000 in interest payments for a 30-year mortgage. The big winner here is the lender, not the home buyer."
open.substack.com/pub/populari...
Trump’s solution to the housing crisis is a lifetime of debt
50 years of higher interest payments.
open.substack.com
November 11, 2025 at 12:46 PM
Another trump scam!
"...over the course of the 50-year mortgage, the buyer of a $400,000 home will have paid over $1 million in interest, compared to $493,000 in interest payments for a 30-year mortgage. The big winner here is the lender, not the home buyer."
open.substack.com/pub/populari...
"...over the course of the 50-year mortgage, the buyer of a $400,000 home will have paid over $1 million in interest, compared to $493,000 in interest payments for a 30-year mortgage. The big winner here is the lender, not the home buyer."
open.substack.com/pub/populari...
Reposted by Aaron Sojourner
While a 50 year mortgage might lower monthly payments, it drastically increases total interest and slows equity growth. Stimulating demand without fixing supply would likely raise prices. The core issue in the housing market isn't financing; it's the lack of supply.
November 10, 2025 at 9:48 PM
While a 50 year mortgage might lower monthly payments, it drastically increases total interest and slows equity growth. Stimulating demand without fixing supply would likely raise prices. The core issue in the housing market isn't financing; it's the lack of supply.
Reposted by David R. Miller, Rosemary A. Joyce
QUINTANILLA: What's more likely -- a $2,000 tariff rebate check or a 50 year mortgage?
HASSETT: They're both really good ideas
HASSETT: They're both really good ideas
November 11, 2025 at 4:16 PM
QUINTANILLA: What's more likely -- a $2,000 tariff rebate check or a 50 year mortgage?
HASSETT: They're both really good ideas
HASSETT: They're both really good ideas
Reposted by David Darmofal
INGRAHAM: Is a 50 year mortgage really a good idea?
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
November 11, 2025 at 12:15 AM
INGRAHAM: Is a 50 year mortgage really a good idea?
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
Reposted by Colin F. Camerer
If you buy a home at $250k at 6% fixed and stay in it for 12 years you'd pay $160k in interest and $50k principal.
A 50 year mortgage is $230k in interest and on $14k principal.
So, 70% less equity.
In 12 years, you'd still owe 95% of the loan.
A 50 year mortgage is $230k in interest and on $14k principal.
So, 70% less equity.
In 12 years, you'd still owe 95% of the loan.
November 11, 2025 at 2:06 PM
If you buy a home at $250k at 6% fixed and stay in it for 12 years you'd pay $160k in interest and $50k principal.
A 50 year mortgage is $230k in interest and on $14k principal.
So, 70% less equity.
In 12 years, you'd still owe 95% of the loan.
A 50 year mortgage is $230k in interest and on $14k principal.
So, 70% less equity.
In 12 years, you'd still owe 95% of the loan.
Yikes. And I don’t think that’s adjusting for the surely higher interest rate.
Let's say you take out a $400,000 mortgage loan at 6.25% - and choose a 50-year mortgage instead of 30 years.
In return for saving $283 monthly, you will pay an extra $421,302 in interest over the life of the loan.
Or if you sell at 15 years, will have paid down just $29,000 in equity. Not good.
In return for saving $283 monthly, you will pay an extra $421,302 in interest over the life of the loan.
Or if you sell at 15 years, will have paid down just $29,000 in equity. Not good.
INGRAHAM: Is a 50 year mortgage really a good idea?
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
TRUMP: It's not even a big deal. You go from 40 to 50 years. All it means is you pay less per month
November 11, 2025 at 6:59 PM
Yikes. And I don’t think that’s adjusting for the surely higher interest rate.
The American dream of having a mortgage you cannot afford
These kinds of things happened two decades ago under the last Republican president. A lot of people made a lot of short term money. Then it all came crashing down and his successor had to clean up a huge mess. Here we go again.
November 11, 2025 at 5:06 PM
The American dream of having a mortgage you cannot afford
Reposted by R. M. Wilson
This is an awful idea. A $450,000 home with a 30-year fixed mortgage at 6.25%, the monthly payment would be about $2,771 with $547,000 in interest.
A 50-year loan at 6.25%, monthly payment would be $2,452 – total interest would rise to $1.02 million - that’s 87% more than the 30-year mortgage.
A 50-year loan at 6.25%, monthly payment would be $2,452 – total interest would rise to $1.02 million - that’s 87% more than the 30-year mortgage.
November 11, 2025 at 2:19 PM
This is an awful idea. A $450,000 home with a 30-year fixed mortgage at 6.25%, the monthly payment would be about $2,771 with $547,000 in interest.
A 50-year loan at 6.25%, monthly payment would be $2,452 – total interest would rise to $1.02 million - that’s 87% more than the 30-year mortgage.
A 50-year loan at 6.25%, monthly payment would be $2,452 – total interest would rise to $1.02 million - that’s 87% more than the 30-year mortgage.