Here are the monthly

[4plexowner]

Here are the monthly payments on $400K at 6% fixed:

30 yrs – $2398.20
50 yrs – $2105.62
70 yrs – $2030.77
100 yrs – $2005.04

I was surprised the first time I realized that extending the length of the loan doesn’t really change the fact that homes are unaffordable.

Even so, the Japanese were obtaining 100yr mortgages before their real estate market collapsed.

Imagine what your kids and grandkids will think of you when they are struggling to pay off that shit-box in Clairemont decades after you have passed on!