Overview
- President Trump recently floated 50-year mortgage terms as a way to expand homeownership, putting the concept into the national conversation.
- Real estate investor Grant Cardone called the idea a major opportunity and argued longer terms would reduce monthly payments and attract more buyers.
- Social media reactions included claims that such loans amount to debt servitude and primarily benefit real estate interests and banks.
- Economists cited supply constraints as the core affordability problem and warned that easier financing could boost demand and push prices higher.
- One analysis showed a $225,000 loan at 6.25% would save about $159 per month on a 50-year term versus 30 years but raise total interest from roughly $273,600 to about $510,600, with slower equity build; some proponents still frame it as a starter option with disciplined refinancing.