MTZ@lemmy.world to Lemmy Shitpost@lemmy.world · 1 day agoBank Workers, Rejoice!lemmy.worldimagemessage-square162fedilinkarrow-up11.07Karrow-down19
arrow-up11.06Karrow-down1imageBank Workers, Rejoice!lemmy.worldMTZ@lemmy.world to Lemmy Shitpost@lemmy.world · 1 day agomessage-square162fedilink
minus-squareFurbag@lemmy.worldlinkfedilinkarrow-up1·5 hours agoYou’re right, but he did say the monthly payment was the difference, not the interest payments. That typically doesn’t change throughout the life of the loan. I wonder what the math formula looks like for a 50 year fixed?
minus-squaretechnocrit@lemmy.dbzer0.comlinkfedilinkarrow-up1·2 hours agohere’s some math: https://www.nakedcapitalism.com/2025/11/why-trumps-50-year-mortgage-scheme-is-an-even-worse-idea-than-you-imagined.html
You’re right, but he did say the monthly payment was the difference, not the interest payments. That typically doesn’t change throughout the life of the loan. I wonder what the math formula looks like for a 50 year fixed?
here’s some math: https://www.nakedcapitalism.com/2025/11/why-trumps-50-year-mortgage-scheme-is-an-even-worse-idea-than-you-imagined.html