Thread 521017104

get your guns ready, your gold and your pemmican.

Trumpenstein is crashing this goy train at 5000 miles per hour. They are going full mask off.

just refi bro

>>521017439
Into what, a perpetual rental property?

Ill bet if mortgages were illegal houses would cost a more reasonable average price
usury really do be evil n shiet

>>521017104 (OP)
I’d take the 50 year mortgage as by the end of that 50 years inflation will have got so bad that the extra $500k will be nothing at all and use the extra $500 a month to stack silver, gold, and lead for my children and grandchildren to inherit after the ZOG system implodes

>>521017607
The difference is a 3rd-party mortgage.
No reason why the seller couldn't mortgage the house to you privately.

>>521017668
You have no idea how amortization works. They profit on the interest at the front of your loan

>>521017104 (OP)
I choose the longest contract with the looses terms. If 50 years gets my payment down to something manageable I can put the other money into the market or my own business.
Once I get a decade of capital into the house I can choose to pay it off or sell it and roll the equity into a new house with a shorter term, or choose to keep my monthly as low as possible so I can invest more into my portfolio or business. The key is to keep money moving. If you tie up too much of your income into housing you're missing opportunity to grow those constants. Compounding your income overtime greatly increases your purchasing power. And as the boomers say, "Your third and fourth house pay for you first house. Start renting and stop being poor"

wait the 50 real thing was real?
and miggers are still defending this child diddler?
christ. jews have cooker their brains.

Might as well keep renting

Year 50 start reverse mortgage because fuck my kids

>>521017439
>just pay interest only for 10+ years

Kill yourself kike. This will be the catalyst that gets your entire rat race exterminated.

>>521017870
There is barely any difference in monthly payments beyond a 40-year term.
You can't pay less than the interest accrued.

>>521017439
what does that fix?

>>521017949
>I love getting fucked in the ass by Jews my entire life and then I'll let them do it to my kids!
Just say that instead

>>521018831
see
>>521017794 and >>521018053
The big chunk under the line on the left is the interest you pay. 30/50 make little difference, it's ALL frontloaded.

>>521017870
That's not how it works. The longer term will have a higher interest rate. This scheme is for the dumbest goy cattle, the people taking out 96 month loans on 10 year old cars.

>>521017104 (OP)
The only way 50y Mortgages make sense is if the government is handing them out, and they are zero or almost zero interest.
Also, the last country to try 50y Mortgages was Japan in 1987 then in 1989 they tried 100y Mortgages their housing market collapsed and a bunch of banks failed.
So actually let him cook with the 50y mortgages, I want to see a collapse.

>>521017104 (OP)
>muttland in 2025:
>you have the freedom to choose to pay jewish bloodsuckers either an extra half a million bucks or a million bucks for absolutely nothing

50% of Americans can't spell interest. They do not know what it even means and they only look at the monthly payment. They should make it 100 year mortgage paid weekly.

How long before 10yr loans for a pizza?

>$3000 mo
That seems excessive in my area

>>521019507
You dont finish the contract. You ride the low monthly so the equity growth is slow, but that allows your money to work. The here and now money is worth more now than in the future. But, even 10 years of payment (assuming the market is in your favor for selling) is a good chunk of equity.

>>521017104 (OP)
This isn't difficult. What would you rather spend per month? More or less?
For me I'd obviously rather spend less which will put less financial strain on me, so a 50 year mortgage is superior. There's also the benefit of the lender making more money over time, so it's a win for everyone involved.

>work and maintain a clean work record by age 30
>qualify for 50 yr mortgage
>buy a house with said mortgage in a college town
>rent to sexy college girls, make sure they are slutty
>live in one of the rooms
>have sexy parties with the college girls
>die happy, also die before the loan is up

>>521019568
>The only way 50y Mortgages make sense is if the government is handing them out, and they are zero or almost zero interest.
it would be a great way for niggers to finally kill America and put her out of her misery

>>521019901
In my area of Caliwali, $10k/mo is the new normal.

>>521017104 (OP)
I don't see how this country can solve the monetary problem. You will only see more and more of this kind of stuff as our nation continues to be hollowed out. The last time we had a surplus was in 2000, then a certain event happened, and it seems like we'll never have one again. There is no ability or will to reduce our spending. The interest on the debt we pay will only increase. The continuing enserfification of the American people probably can't be reversed, hopefully it can be though.
War machine needs its dollars, our greatest ally and their guys here will continue to get their piece, boomers will never allow entitlements to be cut, etc. This will inevitably lead to hyperinflation, I cannot imagine a scenario where it doesn't.

Our debt to GDP ratio is higher than it was right after World War II and is rising exponentially. Not just the debt, the debt to GDP ratio too. Maybe this is just a little pessimistic, but I literally don't know what we're supposed to do about this.

You VILL live in the fifty year mortgage pod.

>>521017104 (OP)
Take the lowest interest and pay it off in 15 like a normal person. Why do some people think they have to maximize profits for banks by following their schedule?

>>521017104 (OP)
Why not just 120- year mortgage where the payments are like $700 a month?

>>521019602
I recently bought a brand new car.
They kept trying to talk about bi-weekly payments and how options would affect them.
No matter how many times I asked them to just flat out tell me the price, they kept reverting back to it.
At first, I thought they were just being Jews, then I realized 99% of their customers couldn't comprehend payments unless it was explained like a subscription.
They were still being Jews, but it was a reflection of how retarded the average person is.

>>521017104 (OP)
what if we just give lower interest rates for 50 year mortgages?

>>521020474
It doesn't mater the length of the loan, the prices will rise to meet the "spare" income.

>>521017104 (OP)
The funny thing is lowering the monthly payment will just drive up the cost of homes until that monthly payment is that same as it would have been for a 30-yr loan. Next will be interest only loans that never get paid off.

>>521017104 (OP)
>50 years from now
>McChicken costs 1.5 million instead of 1.5 dollars

>>521020439
We kill the kikes. Its that simple

It occurs to me that this is only a problem for those on the left. Those of us on the right have successful and healthy families, so wei will all have houses one way or another. I got mine back in 2015 before prices skyrocketed but even if I didn't in about ten years I would get one through inheritance with only needing to pay the inheritance tax. Not even that since my state doesn't have an estate tax.

>>521017104 (OP)
if you told 20-yo me that i wouldn't pay this home off until 70 yo i'd laugh in your face

>>521017104 (OP)
This and ending efile is what banks wanted.

>>521017104 (OP)
relax tranny
he is just making things better, it's cheaper than rent and you get to keep the house

>>521017104 (OP)
That assumes house prices won't go up when the monthly payments go down

>>521020834
This is the absolute truth, I've lived all over the country and bought in all kinds of markets. Outside of a handful of special cases houses are priced based on monthly payments on a conventional 30 yr mortage at the current rate, property tax, and insurance. Where I live now houses increased in price with every quarter-point drop in mortgage rates. Now that rates have hiked up and most towns have reassessed property tax the housing market has corrected by up to 30% in some areas.

>>521017794
>>521019243
There is still an opportunity cost to having your money locked up in the house and 20 years longer on the mortgage is 20 years more of opportunity cost.

This is especially pronounced in the American market where fixed rates are the norm. Right now there are mortgage companies essentially losing money on 2-3% mortgage loans from 2020/2021.

>>521020074
>but that allows your money to work.
What money? Most people are living paycheck to paycheck. Anyone who has spare money enough to "make it work" for them was going to do fine with the 30 year mortgage payments anyway.

>>521023148
Youre responding to a paid shill

>>521017104 (OP)
Just rent with your CBDC goy bucks

>>521023200
Kind of you to assume so.

>>521017104 (OP)
i was reading the Schizo Dot and saw it picked up on your post lol
>Chunk 8. Score: -0.85, - Biblical end times are imminent, with society descending into moral decay and false religion. - Society is collapsing soon under Trumpenstein's influence; prepare with guns, gold, and supplies. - World War 3 is approaching, alongside housing crisis, hyperinflation, and skyrocketing grocery prices. - The war of the Sons of Light against the Sons of Darkness has just begun. - Food prices will continue rising, making essentials unaffordable for most.

>>521017104 (OP)
why don't you try a constant amortization system mortgate? GPT definition because I'm lazy

>The Constant Amortization System is a loan repayment method in which the principal is repaid in equal installments, while interest decreases over time as it’s calculated on the remaining balance. As a result, total payments are higher at the beginning and gradually decrease until the loan is fully paid off.

>Borrowers can also make early principal payments to reduce the remaining term of the loan, rather than just lowering the monthly installment amount. This helps save on interest costs over the long run.

I had a 35y mortgage due to 2045 and I'll be done with it now in 2032

>>521017104 (OP)
This gentlemen is what separates the goy-slaves who took college algebra for social sciences at the local community college, and those of us that the regular, negligably more difficult class.

>>521022611
Our housing system is fucking abhorrent, and makes me want to vomit.