đ đșđž Trump Proposes 50-Year Mortgages â But Experts Warn: Itâs a Trap, Not a Solution! đłđž
Donald Trump says the U.S. could introduce 50-year home loans to make housing âmore affordable.â
Sounds nice⊠until you look at the numbers. đ
đ Real data (CBS / Politico / Business Insider):
đ° 30-year mortgage on $500,000 at 5% = ~$2,684/month
đ Total interest â $466,000
đ° 50-year mortgage = ~$2,271/month
đ” Total interest â $862,000
đ§ź The âsavingsâ? Only $400/month â
but you end up paying almost double the price of the house! đ€Ż
đŹ Experts call it what it is:
> âNot affordability â just financial handcuffs disguised as help.â âïž
đŽââ ïž Bottom line:
50-year mortgages donât make homes cheaper â
đ They just make your debt last a lifetime.
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đ„ Follow for real financial news â no sugarcoating, no illusions.
đŹ Like if youâre not planning to pay off your house till retirement! đïžđ„
đž #Finance #Mortgage #Trump #Economy #USA $TRUMP

