Cuabmoth
@johnfriedman.bsky.social
Curious about most things. Also, it’s a curly willow.
The monthly payments on a 40- or 50-year fully amortizing loan are not a whole lot less than on a 30-year. All you get is a bit lower payment, and 10 or 20 extra years of making payments. Because math. 30 is pretty much the sweet spot on the curve.
November 9, 2025 at 12:52 AM
The monthly payments on a 40- or 50-year fully amortizing loan are not a whole lot less than on a 30-year. All you get is a bit lower payment, and 10 or 20 extra years of making payments. Because math. 30 is pretty much the sweet spot on the curve.