shivpeter

shivpeter

@shivpeter

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Is a 50 year mortgage too desperate? 31% of first-time buyers stopped saving for retirement to fund a down payment. 74% would take a 50-year term. Saves $267/mo. Costs $458,000 more. $14K in equity after a decade instead of $59K. Would you apply? 👇
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Is a 50 year mortgage too desperate? 31% of first-time buyers stopped saving for retirement to fund a down payment. 74% would take a 50-year term. Saves $267/mo. Costs $458,000 more. $14K in equity after a decade instead of $59K. Would you apply? 👇

Forget saving for retirement, people are worried they won't have a place to live until then. 31% of first-time home buyers said they have turned o...

1597Sep 1, 2026