Trump Floats 50 Year Mortgage Idea

Lower payments now, but you might never actually pay off the house

Author

Mike Ugarte
November 14, 2025 • Estimated Reading Time: 3 minutes

Wait… a 50 year mortgage?

Yep. This week, President Donald Trump floated a wild idea to “fix” housing affordability: a 50 year mortgage. The goal? Lower monthly payments so more buyers can squeeze into the market.

Supporters are calling it a game changer. Critics are calling it a debt trap.

Let’s break it down for what it really means, especially here in South Florida, where home prices and payment fatigue are very real.

Read the article here:
👉 Read the CNN article here

Real estate business finance background template. Calculator door key.

What You Need to Know

Here are some key takeaways from the article:

  • What’s being proposed? A 50-year mortgage option, longer than the current 30 year standard, to reduce monthly payments for buyers.

  • How much cheaper would payments be? A $450K home at 6.25% interest would drop from $2,771/month (30-year) to $2,452/month (50-year), about $319/month lower.

  • So what’s the catch? You’d pay $1.02 million in interest over 50 years, nearly double what you’d pay on a 30-year loan. And you'd build equity painfully slow.

  • Legal and risk hurdles: Under current laws (Dodd-Frank), federally backed loans are capped at 30 years so this would require major legislative change. Also, longer terms mean higher default risk, so expect higher interest rates too.

  • The big picture concern: More demand without more housing supply = higher prices. Again.

Bottom Line:

If you live in Pembroke Pines, or anywhere in South Florida, this isn’t just a political headline. It taps into a real problem: people can’t afford homes, and the market’s not cooling fast enough to fix it.

But a 50 year loan? That’s a Band-Aid on a bullet wound. It might help renters finally get into a home, but…

  • You're trading short term relief for long term debt

  • It won’t fix the real issue. We need more homes, not more debt

  • You could end up house poor and equity poor for decades

If this ever passes, some buyers will jump on it. And in a rising market, it might help someone lock in ownership they couldn’t otherwise afford.

Want the full story?
👉 Read the full CNN article here