ilmscore | Prediction Details
"And so now when you extend the mortgage to 50 years, you're going to have a lot more money going in interest and that money is going to be going into the banker's pocket during the beginning part of that mortgage."
By Minority Mindset | November 26, 2025 | Correct
From video
Trump's Housing Shift Could Trap Millions — Don’t Be One of Them 00:05:45 - 00:05:54
Interpreted Prediction
Extending mortgage terms to 50 years results in more interest payments, benefiting the lender.
AI Evaluation Notes
The prediction is that extending mortgage terms to 50 years results in more interest payments, benefiting the lender. This prediction aligns with multiple sources confirming that 50-year mortgages would lead to substantially higher interest payments over the life of the loan. For example, one analysis showed that on a $500,000 loan, the interest paid on a 50-year mortgage could total over $1.1 million, compared to $591,000 for a 30-year mortgage. Therefore, the prediction is very accurate.

Prediction Details

Topic
Impact of Extended Mortgages

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