Have you ever heard concerning the new proposal for 50-year mortgages? This matter has been going viral over the past week and the newest episode of FinCap Friday dives deep into the thrill round this new concept and why it has sparked debate nationwide. Between crunching numbers, evaluating mortgage lengths, and weighing the true trade-offs between affordability and long-term price, this episode has all of the vital concerns potential homebuyers should make. It’s an ideal dialogue starter about monetary decision-making, homeownership, and the way curiosity actually provides up over time! Test it out beneath:
You possibly can click on right here to entry the Kahoot quiz and dialogue immediate. If you happen to’re brief on time, attempt our simplified No Tech model containing embedded questions proper within the slide deck!
About
the Writer
Yanely Espinal
Born and raised by Dominican, immigrant dad and mom in Brooklyn, Yanely is a proud product of NYC public faculties. She graduated from Fiorello H. LaGuardia Excessive College in 2007 earlier than occurring to obtain her bachelor’s diploma at Brown College in 2011. As a Train For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She acquired her grasp’s diploma from Relay Graduate College of Schooling in 2013. She spends her spare time making YouTube movies about private finance on her channel, MissBeHelpful. Yanely additionally loves to bop, sew, paint, take heed to podcasts, and babysit her 10 nieces and nephews!
