Here are the 15, 30, and 50 year amortization tables for a $500k 6.5% loan. If you take the 50 year loan at age 30, by the time you turn 50, you will still owe $447,235 after paying 632,749 in usury. This is literal indentured servitude. Oh, & they own the house until you're done
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Replying to @treblewoe
Ok but how much equity will they likely have at the end or along the way? Better than putting money in a CD.

Nov 8, 2025 · 11:34 PM UTC

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Replying to @subdivisionguy @treblewoe
Yeah you’re right, maybe we should actually do 500 years mortgages. That sounds like a better idea, goy.
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