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 / 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…