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Joined 2 years ago
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Cake day: August 3rd, 2023

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  • Yes, a 50 year mortgage will drop your monthly payments by a significant margin (maybe 15ish percent) increasing affordability for the long term.

    The actual numbers will likely not bear that out. Some back of the envelope math in this article and others has the payments dropping as little as $150 or $200 on a $2000 mortgage.

    The problem is that rates for longer mortgages are naturally going to be higher as they are today. Most of the “gain” of stretching out the loan is eaten up by interest.

    What does never seem to catch anyone’s eye though in general is…you can pay more than the minimum on your mortgage just like any other type of debt. If these products were available, I’d be slightly tempted to use one to lower my required monthly payments slightly while I saved up the principle to repay the loan in full.














  • Totally agree. Folks talking about health care is understandable to explain to the public, but the executive is just spending and “impounding” money any fucking way Trump wants right now and that runs counter to the constitutional order.

    It may be an unpopular position if Repubs eventually cave on health care (at least on paper) but I think the Democrats should hold out for some type of actionable promise from the executive to return to the constitutional order, or force Repubs to nuke the filibuster and completely own this pile of shit.

    What good is a budget if the executive can use it as toilet paper?

    What good is the constitution if the executive can use it as toilet paper?