Trump’s 50 Year Mortgage

Here is Grok’s answer to my question of the payment difference between the current average US mortgage ($375,000) and interest rates (6.15% for 30 years and 6.5% for 50 years). Total Interest Difference: The 50-year mortgage results in $480,334.80 more in interest ($926,970.00 – $446,635.20) due to the longer term and slightly higher rate. This … Continue reading Trump’s 50 Year Mortgage