🏠 A 50-Year Mortgage?! Read This Before You Get Excited

You might’ve seen the headlines — the Trump administration says it’s exploring 50-year mortgages to make housing more affordable.

Here’s the simple version 👇

✅ Spreading payments over 50 years could lower monthly costs — about $300 less per month on a $400K loan.
❌ But it also means paying way more in interest over time and building equity much slower.

So while it sounds like a fix for affordability, it’s really more of a trade-off:
👉 Easier to qualify today, but you’ll pay more in the long run.

Right now, it’s just an idea — not an approved loan type — but it shows how creative lenders and policymakers are getting to tackle rising prices.

If you’re trying to lower your payment today, let’s talk through current options like buydowns, ARMs, or down-payment assistance programs.

Source: Forbes