Trump’s 50-year mortgage would save you about $119 a month while doubling the interest you pay over the long run, UBS estimates

A proposed 50-year mortgage plan by Trump could save borrowers approximately $119 per month, according to UBS estimates. However, this plan would effectively double the total interest paid over the life of the loan. The significant increase in borrowing duration raises questions about whether the monthly savings justify the extended financial commitment. This development is noteworthy as it highlights the trade-offs between short-term savings and long-term financial implications for homeowners.