The Trump Economy: Can’t afford it? No problem - just pay on it for the rest of your life

[Homelander]

When wages don’t keep up with asset prices due to tariffs and chaos, PEDO Trump's plan is to stretch loan terms to make things look affordable without addressing the root problem. Who benefits with actions like this? Trump's friends.

 

50-year mortgages and 15-year car loans aren’t policy - they’re capitalism on life support, selling you debt and calling it affordability.

 

Never EVER vote for MAGA Republicans again.

 

 

 

[The Frankish Reich]

I thought this was a joke when I first read it. 50 year mortgages, what could go wrong?

 

I see some reddit posters have already done the math. Example:

 

A 50 year mortgage doesn't actually bring down the cost of a home by that much.

Consider a 430k home. 30 year FRM would be 6%. 50 year FRM would be 6.5% to account for the longer term.

Monthly payment on 30 year is 2578 and on the 50 year is 2423. Total interest paid on the 30 year is $498k and on the 50 year is $1024k.

 

Got that? The 50 year mortgage would "save" the buyer about $150/month, at the cost of paying half a million more bucks over the length of the loan.

 

Possibilities:

A. He really is that stupid.

B. He really thinks you are that stupid.

C. Both A & B.

[Joe Ferguson forever]

32 minutes ago, The Frankish Reich said:

I thought this was a joke when I first read it. 50 year mortgages, what could go wrong?

 

I see some reddit posters have already done the math. Example:

 

A 50 year mortgage doesn't actually bring down the cost of a home by that much.

Consider a 430k home. 30 year FRM would be 6%. 50 year FRM would be 6.5% to account for the longer term.

Monthly payment on 30 year is 2578 and on the 50 year is 2423. Total interest paid on the 30 year is $498k and on the 50 year is $1024k.

 

Got that? The 50 year mortgage would "save" the buyer about $150/month, at the cost of paying half a million more bucks over the length of the loan.

 

Possibilities:

A. He really is that stupid.

B. He really thinks you are that stupid.

C. Both A & B.

C.  over $1mil in interest on a 50 year loan.  That's $1mil less for retirement and still paying a mortgage at 75 or 80.  Lord, I hope people are smarter than that.

[4th&long]

10 hours ago, Joe Ferguson forever said:

C.  over $1mil in interest on a 50 year loan.  That's $1mil less for retirement and still paying a mortgage at 75 or 80.  Lord, I hope people are smarter than that.

They elected Trump so I wouldn't count on people being smarter than this. 

11 hours ago, The Frankish Reich said:

I thought this was a joke when I first read it. 50 year mortgages, what could go wrong?

 

I see some reddit posters have already done the math. Example:

 

A 50 year mortgage doesn't actually bring down the cost of a home by that much.

Consider a 430k home. 30 year FRM would be 6%. 50 year FRM would be 6.5% to account for the longer term.

Monthly payment on 30 year is 2578 and on the 50 year is 2423. Total interest paid on the 30 year is $498k and on the 50 year is $1024k.

 

Got that? The 50 year mortgage would "save" the buyer about $150/month, at the cost of paying half a million more bucks over the length of the loan.

 

Possibilities:

A. He really is that stupid.

B. He really thinks you are that stupid.

C. Both A & B.

Sounds like an idea someone who regularly bankrupted business would come up with. 

[BillsFanNC]

😂

 

Billsfuk.c, Finding and Schlong!

[milfandcookies]

One of the worst ideas I’ve seen Trump have. I’m worried about him idk if he’s failing or letting others have too much influence 

[leh-nerd skin-erd]

12 hours ago, The Frankish Reich said:

I thought this was a joke when I first read it. 50 year mortgages, what could go wrong?

 

I see some reddit posters have already done the math. Example:

 

A 50 year mortgage doesn't actually bring down the cost of a home by that much.

Consider a 430k home. 30 year FRM would be 6%. 50 year FRM would be 6.5% to account for the longer term.

Monthly payment on 30 year is 2578 and on the 50 year is 2423. Total interest paid on the 30 year is $498k and on the 50 year is $1024k.

 

Got that? The 50 year mortgage would "save" the buyer about $150/month, at the cost of paying half a million more bucks over the length of the loan.

 

Possibilities:

A. He really is that stupid.

B. He really thinks you are that stupid.

C. Both A & B.

I agree this is a very bad idea, favoring shorter term mortgages of 10-15 years.  Or, in some cases, a 30 paid down over a much shorter period of time.  
 

That said, part of the problem we have is many people undervalue the notion of $150/ month saved over an extended period of time, and adjusted periodically as wages grow.  Interestingly, the same $150/mo at 7% over that period of time exceeds $700k.  At 8%, the hypothetical buyer has over a million in the account.  Inflation is a huge factor, of course.  

[All_Pro_Bills]

1 hour ago, leh-nerd skin-erd said:

I agree this is a very bad idea, favoring shorter term mortgages of 10-15 years.  Or, in some cases, a 30 paid down over a much shorter period of time.  
 

That said, part of the problem we have is many people undervalue the notion of $150/ month saved over an extended period of time, and adjusted periodically as wages grow.  Interestingly, the same $150/mo at 7% over that period of time exceeds $700k.  At 8%, the hypothetical buyer has over a million in the account.  Inflation is a huge factor, of course.  

In today's America everyone demands instant gratification and virtues such as thrift and financial discipline are unfamiliar concepts. Self-sacrifice is for suckers when you can just vote for some huckster that will raise taxes on the "wealthy" and appropriate somebody else's funds to enhance your living experience.

Edited yesterday at 02:24 PM by All_Pro_Bills

[teef]

.this can't be true.  it just can't be.  there's no way to frame a 50 year mortgage or especially a 15 year car loan as a good thing.  

[Joe Ferguson forever]

1 hour ago, teef said:

.this can't be true.  it just can't be.  there's no way to frame a 50 year mortgage or especially a 15 year car loan as a good thing.  

It's true.  This is his "gift" to the middle class.  If he had a better solution or was willing to demand the ultra rich pay more so that people could buy a home, he'd have said so.  Are 2 yachts or jets better than 1?

[Joe Ferguson forever]

1 hour ago, All_Pro_Bills said:

In today's America everyone demands instant gratification and virtues such as thrift and financial discipline are unfamiliar concepts. Self-sacrifice is for suckers when you can just vote for some huckster that will raise taxes on the "wealthy" and appropriate somebody else's funds to enhance your living experience.

Historically, the marginal tax rate on the highest earners is low.  We are trillions in debt.  Why lower it further?

https://bradfordtaxinstitute.com/Free_Resources/Federal-Income-Tax-Rates.aspx

Edited yesterday at 03:57 PM by Joe Ferguson forever

[All_Pro_Bills]

1 minute ago, Joe Ferguson forever said:

Historically, the marginal tax rate on the highest earners is low.  We are trillions in debt.  Why lower it further?

https://bradfordtaxinstitute.com/Free_Resources/Federal-Income-Tax-Rates.aspx

I don't disagree but I see the $38 trillion in Federal debt and conclude we're heading for an unavoidable financial disaster regardless of what the marginal tax rate is on income. I'm interested to know if you see any way out of either direct default or attempting to inflate away the debt?

[teef]

10 minutes ago, Joe Ferguson forever said:

It's true.  This is his "gift" to the middle class.  If he had a better solution or was willing to demand the ultra rich pay more so that people could buy a home, he'd have said so.  Are 2 yachts or jets better than 1?

this isn't fixing anything.  just masking and making a problem worse.  i just can't imagine the value of a 50 year mortgage.  it kills you in interest, you never have any real equity in the house until decades in, and you still have the usual cost of up keep that comes with a house.  the 15 year loan on a car should really speak for itself.  if anyone wants to prepare their kids for the future, teach them basic finances.  

[Joe Ferguson forever]

1 hour ago, All_Pro_Bills said:

I don't disagree but I see the $38 trillion in Federal debt and conclude we're heading for an unavoidable financial disaster regardless of what the marginal tax rate is on income. I'm interested to know if you see any way out of either direct default or attempting to inflate away the debt?

.  the fact that we buy more product than any other country protects us to a degree..  Our creditors would be hurting themselves by pushing us into default. In the short term, balancing the budget or at least decreasing the yearly deficit, in part by increasing taxes on the wealthy, would  be a step in the right direction.  If all else fails, we have the dominant military institutions in the world, for now.

[Homelander]

 

[Joe Ferguson forever]

1 hour ago, Homelander said:

 

It means another subprime mortgage disaster. If people can’t afford payments on a thirty year mortgage, they can’t afford the house. Sadly, many MAGAs will believe him and end up delinquent on their loans eventually defaulting and losing the principal they’ve accumulated to the banks. Apparently, even Ingraham acknowledges this but I can’t bring myself to listen to the clip and listen to both of their obnoxious voices. 

[Homelander]

The Pedophile in Chiefs whole game depends on his plebs checking their brains at the door.

 

 

v

[OrangeBills]

On 11/9/2025 at 7:33 PM, The Frankish Reich said:

I thought this was a joke when I first read it. 50 year mortgages, what could go wrong?

 

I see some reddit posters have already done the math. Example:

 

A 50 year mortgage doesn't actually bring down the cost of a home by that much.

Consider a 430k home. 30 year FRM would be 6%. 50 year FRM would be 6.5% to account for the longer term.

Monthly payment on 30 year is 2578 and on the 50 year is 2423. Total interest paid on the 30 year is $498k and on the 50 year is $1024k.

 

Got that? The 50 year mortgage would "save" the buyer about $150/month, at the cost of paying half a million more bucks over the length of the loan.

 

Possibilities:

A. He really is that stupid.

B. He really thinks you are that stupid.

C. Both A & B.

 

There is no pre-payment penalty, you can increase your monthly payment or refinance when rates eventually go lower (which, since you think Trump is an idiot you must be factoring in)

 

Personally, I think we're in a Recession - actually we've been in a Recession for 3-4 years just with Trillions of deficit-spending masking that...so we should see lower interest rates up ahead so borrowers could refi at lower rates and shorter terms

 

This is all just trying to fix the calamity the prior Administration has created in the price/rates balance that will have shut out a generation or two from home ownership, which remains one of the largest wealth creation assets for Americans.

 

 

[The Frankish Reich]

41 minutes ago, OrangeBills said:

 

There is no pre-payment penalty, you can increase your monthly payment or refinance when rates eventually go lower (which, since you think Trump is an idiot you must be factoring in)

 

Personally, I think we're in a Recession - actually we've been in a Recession for 3-4 years just with Trillions of deficit-spending masking that...so we should see lower interest rates up ahead so borrowers could refi at lower rates and shorter terms

 

This is all just trying to fix the calamity the prior Administration has created in the price/rates balance that will have shut out a generation or two from home ownership, which remains one of the largest wealth creation assets for Americans.

 

 

So ... the free market can create 50 year loans. There's no law against it. 

If the Trump Administration throws its support behind them, what does that mean?

I can't think of any way that could be effective unless they use Fannie and Freddie to prop up that new market. And as I said, that creates risk to the government (read: the taxpayer).

[Orlando Buffalo]

I am actually curious why everyone is having a hissy fit over it. A 50 year mortgage is not a good thing but neither is a 8 year car loan but at least with the house you might make some of that money back. Currently if I were to sell my house I would basically walk away with what I have paid into it, so I have lived rent free for the past 22 years. As long as there is still an option for the shorter mortgages then I don't see the issue, and a few advantages especially if the interest rates are lower longer term