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re: Trump promoting a 50 year mortgage. Dave Ramsey will lose his mind. Terrible idea - imo

Posted on 11/8/25 at 8:49 pm to
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58017 posts
Posted on 11/8/25 at 8:49 pm to
quote:

If someone chooses to do that for whatever reason, why do you care? Complaining just for the sake of it


Did I say I care if someone chooses it? No. I said it's a horrible idea and explained why. Why has that triggered you so?
Posted by wackatimesthree
Member since Oct 2019
10744 posts
Posted on 11/8/25 at 8:49 pm to
quote:

What have I made up?


That you wouldn't suck Trump's dick if he asked you to.
Posted by CDawson
Louisiana
Member since Dec 2017
19359 posts
Posted on 11/8/25 at 8:50 pm to
quote:

Fed gov just needs to get out of the lending biz and out of student loans.


And healthcare and education.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58017 posts
Posted on 11/8/25 at 8:54 pm to
quote:

None of what you posted shows they used a 30yr fix to pay off their home


The 30yr mortgage has been the dominant mortgage since the 1960s.
LINK
LINK
LINK

With it being the vast majority of mortgages out there for decades, to think it hasn't been used to pay off homes is to just pull something out of your arse.

Feel free to prove me wrong though.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94110 posts
Posted on 11/8/25 at 8:54 pm to
Another weirdo who dreams about Trimps dick

Posted by roadGator
Member since Feb 2009
154831 posts
Posted on 11/8/25 at 9:11 pm to
What’s funny, dickweed?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94110 posts
Posted on 11/8/25 at 9:29 pm to
What are you crying about now?
Posted by roadGator
Member since Feb 2009
154831 posts
Posted on 11/8/25 at 9:38 pm to
You are so stupid you can’t answer a simple question.

I’ll go back to ignoring your idiocy even if you call out for my attention, duckweed.
Posted by Usm Tiger
Hattiesburg
Member since Oct 2017
255 posts
Posted on 11/8/25 at 9:51 pm to
I just want new houses to stop being made like cookie cutter bullshite. New houses cost a fortune and are prefabricated horse dung.
Posted by SelaTiger
Member since Aug 2016
21321 posts
Posted on 11/8/25 at 9:55 pm to
frick Trump if this is true. Scumbag for sure if he proposed this.
Posted by Goalpost
Member since Jan 2023
1154 posts
Posted on 11/8/25 at 9:56 pm to
Can you imagine how much interest on a 50 year mortgage you’d pay.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94110 posts
Posted on 11/8/25 at 10:03 pm to
Oh i looked back. I didnt realize i had laughed at you lying yet again

Its takes a certain type of person to claim they own multiple homes and not want this to happen cause values will increase

Only you could.get yourself caught in that
Posted by Hayekian serf
GA
Member since Dec 2020
4042 posts
Posted on 11/8/25 at 10:08 pm to
quote:

How would it become less affordable? Because Roadgator thinks so You ppl just want to complain about everything. You are all Massholes



Because of economics
Posted by roadGator
Member since Feb 2009
154831 posts
Posted on 11/8/25 at 10:09 pm to
Your stupidity is astounding. You’ve actually made the argument against this and don’t even realize it.

Posted by TerryDawg03
The Deep South
Member since Dec 2012
17693 posts
Posted on 11/8/25 at 10:10 pm to
quote:

This is a stable genius move

Lets stop pretending anyone pays off a home now with a 30yr fix


Most are paid off or refied within 10 years, which is why they index the 30yr fixed off of the 10yr treasury.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
94110 posts
Posted on 11/8/25 at 10:20 pm to
Nothing you said makes any sense as always

I will go back to ignoring your angry arse despite you begging for my attention
Posted by Squirrelmeister
Member since Nov 2021
3429 posts
Posted on 11/8/25 at 11:15 pm to
quote:

It isn’t crazy to offer a 50 year option on an asset that will most likely appreciate.

If you buy a house that you need a 50 year mortgage to pay for it, it ought to be a kickass property. In 20 years you would’ve have much principal paid off but you could probably sell the house for double what you paid for it if the cost of materials and inflation keeps up at this pace.
Posted by Azkiger
Member since Nov 2016
27031 posts
Posted on 11/9/25 at 12:56 am to
Ridiculous, but it's still a better deal than 99% of student loans for social sciences degrees.
Posted by Feelthebarn
Lower Alabama
Member since Nov 2012
3612 posts
Posted on 11/9/25 at 1:05 am to
Bitch ive paid off 13 of them in way less than 30 years. This is a terrible idea. A bunch of people that can't afford a payment will be struggling to make one.
Posted by dnm3305
Member since Feb 2009
16036 posts
Posted on 11/9/25 at 4:55 am to
The only benefit to this is that you’ll be able to pay it off in less than 5 due to the payments being less.
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