Whats wrong with a 50 year mortgage anyway?
Just be a good goy debt slave who pays 3 times the house value in interest on the loan and probably dies before the house is paid off
^what he said, i mean at that rate, may as well make a 100 year mortgage.
>>83292443Interest ratesBasically the gimmick with mortgages is the rates go up and down like during COVID, but you as the home owner decide when to lock down a lower rate when rates are low.Especially if the rate of the mortgage is lower than the rate of inflation
>>83292443>take 100 year mortgage>have monthly payment significantly lower than renting>just plan on dying in it
>>83292469>Can't even reverse mortgage like the boomers and the jews just take it back when you dielmao
>>83292443Have you even seen the payments difference between 30, 40 and 50 year mortgages?If you had a payment of 2000 for a 30 year old you get a 1800 payment for a 40 year one and a 1730 for a 50 year old one. The diminishing return on it are just not worth it considering it'll take you 20 more years to own the house.
>>83292443idk, buying a room on a sinking ship and leasing it for 50 years just seems like a bad idea all around. Who the fuck can genuinely afford a house (or the so-called "American Dream") at this point anyway?
>bitch about not being remembered>idea.jpg>take out 99999 year mortgage>pass this down to my future generations
