🏡 6 Things You Need to Know About the 50-Year Mortgage
Автор: Orlando Real Estate Chicks
Загружено: 2025-11-17
Просмотров: 41
Описание:
The White House recently floated the idea of a 50-year mortgage to make homeownership more “affordable.” But does it really help buyers—or just make banks richer? In this video, I break down six things you need to know about 50-year loans, including how much extra interest you’ll pay, what your monthly payment really looks like, and why this new mortgage option might not be the solution it sounds like.
We’ll compare a 30-year vs 50-year loan, go over real numbers on a $400,000 mortgage, and talk about the long-term effects on home affordability, buyer demand, and wealth-building.
If you’re buying in Florida or anywhere in Central Florida (Oviedo, Winter Springs, Winter Park, or Maitland), this breakdown is especially important. Let’s make smart money moves—not long-term mistakes.
📲 Want to talk about wealth-building strategies in real estate?
Schedule a quick chat or scan the QR code in the video!
📞 Kristine McKinley, REALTOR®
RE/MAX Town & Country | The Real Estate Chicks
📲 (407) 415-2412
📧 [email protected] | https://looksee.it/81jtR
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