The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
Should You Ever Take a 50-Year Mortgage?
By Scott Sheldon
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November 25, 2025
When you stretch a mortgage term out to fifty years, it changes the entire financial picture of buying a home. Yes, the payment drops. Yes, the loan becomes “affordable” on paper. But there’s a real cost hiding underneath that lower monthly payment—the amount of interest you’ll pay over time balloons, often reaching levels most families…
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