Have you heard about the new proposal for 50-year mortgages? This topic has been going viral over the last week and the latest episode of FinCap Friday dives deep into the buzz around this new idea and why it has sparked debate nationwide. Between crunching numbers, comparing mortgage lengths, and weighing the real trade-offs between affordability and long-term cost, this episode has all the important considerations prospective homebuyers must make. It’s a perfect discussion starter about financial decision-making, homeownership, and how interest really adds up over time! Check it out below:

You can click here to access the Kahoot quiz and discussion prompt. If you're short on time, try our simplified No Tech version containing embedded questions right in the slide deck!

About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!