A 50 year mortgage is an awful idea
-
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
Ja.brill Peppers - Cleveland Brown OldBrownsFan, on 02 Jun 2017 - 5:09PM said: "No you are not the work of the devil but you are deceived by the devil." Who's got it better than us? Nooooobody! -
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
Pipe down sissy boi... You missed your HRT session again.
-
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
You never really own anything bird brain.
-
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
Ah, right. So you have nothing. I'm not surprised.
You and your MAGA friends are lock step defending everything Trump does. From his trolling tweets, to policy, to his statements. No one on here criticizes for anything. At best we get "oh I wish he wouldn't tweet like that sometimes", which is nonsense, because you love it.
So, by default, you're in agreement with something Trump pushes unless you state otherwise. Here is your chance. Do you agree with this?
It's a terrible idea mainly because it does NOTHING to solve the housing cost issue. It's just great for banks (I'm sure many of which our donating to Trump / MAGA and promising things behind the scenes). You save a few hundred a month and add hundreds of thousands of dollars of interest to a mortgage you'll carry into your 80s or 90s. It's an absolutely absurd thing to propose, hurts the consumer, helps big banking, and does nothing to solve the underlying issue.
Written like a third grader, or Michigan grad.
I'm not defending it as I don't know much about it.
No one is forcing anyone to take a 50 year mortgage, it's an option.
Maybe it affords someone young to get into a house, then after 10 or 20 years they have the ability to refinance at a lower rate and lower term.
You stated a lot of rhetoric with nothing to back it up or examples.
Would I get a 50 year mortgage? Hell no, and no one is forcing me to.
-
Why don't you go first and tell us why we need to defend it?
What makes you think this is a bad idea?
Why don't you go first and tell us why we need to defend it?
What makes you think this is a bad idea?
so, woodpecker, what makes you think it's a bad idea?
You answer the question for once. YOU start first, instead of just attacking
several of us who do have opinions on the matter.
-
-
This was a topic on my local radio station a day or 2 ago, which is very much a right leaning outfit (700 WLW) here in Cincy.
The host was not a fan. I can’t remember the purchase price they used as an example (l think it was around $300k), but they did some rough math and determined the 30 year payment would be around $2,400, and the 50 year payment would be around $2,200, a difference of only a couple hundred bucks, except you’re obviously on the hook for 20 more years with the 50 year option.
Banks always frontload the earlier payments with interest, so it would be demoralizing seeing the amount of principle you paid after 20 years only to realize you still got 30 more years of it.
It’s a great idea for banks, not a great idea for wannabe homeowners.
-
refinance, google it.
I've never kept a mortgage of mine for it's entire time, I've always refied or paid them off and now that I'm on the opposite side of this, people I work with do the same.
It's another tool that no one is forcing anyone to use. If you use it, keep it until your individual circumstances allow you to refinance or sell
Our musical works to date http://www.arielsatticmusic.com/ -
refinance, google it.
I've never kept a mortgage of mine for it's entire time, I've always refied or paid them off and now that I'm on the opposite side of this, people I work with do the same.
It's another tool that no one is forcing anyone to use. If you use it, keep it until your individual circumstances allow you to refinance or sell
refinance, google it.
I've never kept a mortgage of mine for it's entire time, I've always refied or paid them off and now that I'm on the opposite side of this, people I work with do the same.
It's another tool that no one is forcing anyone to use. If you use it, keep it until your individual circumstances allow you to refinance or sell
Paying more than the minimum payment is also a good strategy, assuming someone is in a position to do that. Even a hundred bucks extra each month will really add up by not only reducing the principal, but by also reducing future interest the bank would otherwise charge you.
-
I’m not a fan of an 84 month car loan, but again nobody is forcing you to sign on the dotted line.
-
***FARTING***
You mean where you made asinine claims in ignorance about it hurting banks etc?
That means nothing when you don't explain why...
Explain what you mean in detail. Paying off mortgages way early hurts banks. Not putting your money in a bank, hurts that bank.
Again, answer the question - why do you believe the 50 year mortgage is a bad idea? You have to KNOW how it would work before you can justify it one way or another.
-
woodpecker sits back and attacks, doesn't know anything about the issue.
standard birdbrain MO.
-
***FARTING***
You mean where you made asinine claims in ignorance about it hurting banks etc?
That means nothing when you don't explain why...
Explain what you mean in detail. Paying off mortgages way early hurts banks. Not putting your money in a bank, hurts that bank.
Again, answer the question - why do you believe the 50 year mortgage is a bad idea? You have to KNOW how it would work before you can justify it one way or another.
You mean where you made asinine claims in ignorance about it hurting banks etc?
That means nothing when you don't explain why...
Explain what you mean in detail. Paying off mortgages way early hurts banks. Not putting your money in a bank, hurts that bank.
Again, answer the question - why do you believe the 50 year mortgage is a bad idea? You have to KNOW how it would work before you can justify it one way or another.
I already did you fucking moron.
-
so, the stupid woodpecker still has ZERO reason to for bitching about the 50 year mortgage? I explained what I thought.
apparently, woodypeckerhead doesn't think anything about anything, just feels like raising hell because birdie can't dominate and control the forum....
-
Cal, you're a moron that would do anything to keep sucking Trump's dick like he sucked Big Bubbas.
You're a senile fool with zero media literacy and an inability to share any educated thought.
If you can't follow, I'm not walking you through it.
-
Cal, you're a moron that would do anything to keep sucking Trump's dick like he sucked Big Bubbas.
You're a senile fool with zero media literacy and an inability to share any educated thought.
If you can't follow, I'm not walking you through it.
***FART***
liar. prove it. go ahead, show us your REASONING why you made the claims.
-
***FART***
liar. prove it. go ahead, show us your REASONING why you made the claims.
-
making statements without any reason behind it is cowardly. And you do the same thing.
-
Hello! It looks like you're interested in this conversation, but you don't have an account yet.
Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.
With your input, this post could be even better 💗
Register Login