The 50 year mortgage sounds like relief. The math tells a different story
A $375,000 home looks more affordable with a 50 year mortgage, but a simple 30 vs 50 year comparison at 6 percent shows how much extra interest you pay.
compound interest
The 50 year mortgage sounds like relief. The math tells a different story
A $375,000 home looks more affordable with a 50 year mortgage, but a simple 30 vs 50 year comparison at 6 percent shows how much extra interest you pay.