Article Summary: 50-year mortgages lower monthly payments but increase total interest paid. Equity builds slower, and mortgage insurance lasts longer. Long-term financial risks and opportunity costs should be considered. Extra principal payments can shorten the loan and reduce interest. Consult professionals to explore all mortgage options and plan wisely. The recent buzz about a potential 50-year mortgage , floated by President Trump, has caught our attention. Affordability

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One of the biggest (if not THE biggest) assets a married couple shares is their home’s mortgage. When a couple gets divorced, they must...