""it's not even a big deal" because you'd "go from 40 years to 50.""
"One expert said the numbers would be "staggering.""
"More proof of how stupid Trump is.Doesn't know that home loans are 30 years.Doesn't know that the fed increased interest rates, not Biden.Doesn't know that adding 20 years to a loan will almost double the total amount paid.Dumbest person alive.- Ricky Lucero (@RickyLucero_) November 11, 2025"
"He never pays any of his bills so of course it's not a big deal to him! He already thought people had 40 year mortgages!🙄🙄🙄- Sally Brown (@Rowdygirlinmt) November 11, 2025"
Donald Trump said a proposed 50-year mortgage is "not even a big deal" and said borrowers would "go from 40 years to 50." A correction noted that standard mortgages last 30 years. A 50-year mortgage would lower monthly payments but extend debt by 20 years and massively increase total interest over the loan's life. One expert called the resulting numbers "staggering." Social media users criticized Trump's understanding of housing-market basics and some longtime supporters expressed frustration and anger over the proposal and his comments.
Read at LGBTQ Nation
Unable to calculate read time
Collection
[
|
...
]