Wow, what a great idea, from a jerk who doesn’t have a clue about the problems of non billionaires. The clown raised the idea of a 50 year mortgage, where you wouldn’t get any equity in the first decade of payments, while saving less than 10% on your mortgage.

 Take a $450,000 home, for example. With a 30-year fixed mortgage at a 6.25% interest rate, the monthly payment would be about $2,771. Over the life of that loan, the homeowner would pay more than $547,000 in interest.

With a 50-year loan at the same rate, the monthly payment would fall to around $2,452 – but total interest would balloon to about $1.02 million, or 87% more than on the 30-year loan.

Wow, what a GREAT idea, from the ‘stable genius’….

Comments

Post a Comment

Popular posts from this blog

Guest columnist

Because I'm sorta stuck in an Anti-Bush rant.. http://www.youtube.com/watch?v=D99NHb6B03s Can you imagine all those rapper stars with these things? Of course, they'd have to have theirs with 'da bling! Can't be standard, gawd no! And of course, Britney's gotta have one in her car. Paris with her pooch totin' one on the red carpet at some fete. The boys in 'da hood will have a field day on their daily drive bys. P Diddy will wear his on a chain around his neck. You suppose there will be special pockets made in jeans for these things? Trailer trash folks will have 'em camouflaged. Jeff Foxworthy will have to come up with some fresh Redneck stuff. Think George W. will get one, each for the twins? Don't forget Dickie boy for those spur of the moment huntin' trips. Of course Ma Babs will have hers with pearls. Think it will affect the Royals? I can imagine Charles and Camilia on their fox hunt...........ah yes, and Prince Philip, too, must include the...
Read more

Yahoo…Dotard’s Big Beautiful Diesel Deal pissed off Ukraine and most of the world, plus well over half of Congress and the US, BUT, it helped his buddy Putin and his partners in Big Oil, sooo, we can see where the dick’s priorities are.

  President Donald Trump’s diesel deal with Russia would supply the global market with 4.8 million metric tons, or nearly 36 million barrels total.  This is equivalent to a little more than a single day of global demand.  The U.S. is a net diesel exporter so it does not need Russian supply, said Andy Lipow, president of Lipow Oil Associates. Goldman Sachs estimated the initial Russian release would only reduce wholesale diesel prices by $1 to $2 per barrel, which is currently at approximately $200/barrel.
Read more