US EditionPublished • loading... • Updated
A 50-Year Mortgage Would Lower Monthly Payments, but Balloon the Total Cost. Here's How
The 50-year mortgage could lower monthly payments by about $230 but increase total interest paid by nearly $350,000, data from the Get the Facts Data Team shows.
- On November 8, 2025, President Donald Trump floated a 50-year mortgage proposal on Truth Social, suggesting Fannie Mae and Freddie Mac offer longer loans to expand homeownership.
- The proposal aims to lower monthly payments and expand homeownership by stretching amortization, with alternatives like assumable and portable mortgages also discussed.
- In the illustration, a buyer at the median price would see a $328,000 mortgage with $2,030 monthly on 30 years versus $1,800 on 50 years, paying almost $1.1 million total and nearly $350,000 more lifetime interest.
- Stretching loans shifts cash flows to lower near-term bills but raises total interest and late-life risks, while regulators warn that the ATR/QM framework could be strained by longer terms.
- The administration aired the idea publicly before vetting, with independent analysts noting higher rates usually apply to longer loans and political reactions ranged from skepticism to Representative Marjorie Taylor Greene's `In debt forever, in debt for life!`, Reuters reported.
Insights by Ground AI
35 Articles
35 Articles
How to Spend a Million on a $400K Home: 50-Year Mortgage Math
Mortgage rates moved modestly lower this week, but interest rates were not the big news for anyone following home loans. President Donald Trump's social media post about a 50-year mortgage stole the show, as economists and pundits critiqued the ins…
San Diego Union Tribune+4 Reposted by 4 other sources
Would Trump’s 50-year mortgage have a much higher rate?
Open the article to view the coverage from San Diego Union Tribune
·San Diego, United States
Read Full Article
Coverage Details
Total News Sources35
Leaning Left0Leaning Right1Center29Last UpdatedBias Distribution97% Center
Bias Distribution
- 97% of the sources are Center
97% Center
C 97%
Factuality
To view factuality data please Upgrade to Premium
