The 50-year mortgage idea really is an IQ test for those that don't understand how to leverage debt. With a lower payment & interest rate, if you put the savings (the difference between your old & new payment) into an asset that grows faster than the mortgage interest rate
which is obviously Bitcoin
then you just covered the difference in total interest - and then some.
You don't have to do a 50 year mortgage if you don't want, but if the terms are favorable, you can bet I will.
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If you don't get it, here's a mathematical example.
400k @ 6% x 30 = $2398/month ($463,352 total interest)
400k @ 6% x 50 = $2105/month ($863,371 total interest)
difference of $293/month and $400,019 in interest
Assume the $293/month is invested
It grows at 10%/year, compounded monthly
10% APY returns $5,118,346 over 50 years
Oh no. I only profited an extra $4,718,327.
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nostr:nevent1qvzqqqqqqypzq5mx6p8yqenw34nqhs7c2prl8cdezy36dzjy28mr9hha33a6dgrgqqstlsu2fhxcqna8jrgsklcgn6jxkyhzrm6e3j2kzmp9avpmnk3etzsre959z