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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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Would you pay for your house for 50 years? The Trump administration is floating a plan to allow banks to offer 50-year mortgages—and while the headline sounds like “affordable homeownership,” the math tells a very different story.
In this week’s Fastest 4 Minutes in Finance, Scott Inman breaks down what a 50-year mortgage really means for buyers, including:
- How much you actually save per month compared to a 30-year mortgage
- The massive spike in total interest you’d pay over the life of the loan
- Why it would take 30 years to build $100,000 of equity
- How today’s affordability challenges compare across generations
- Why stretching debt longer isn’t the solution—and what is
If you’re trying to make smart decisions about homeownership, rising costs, or long-term financial planning, this episode gives you the clear, level-headed breakdown the headlines aren’t showing you.
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