LOAN

“So you bought a $500,000 house on a 50-year mortgage instead of a 30-year?” Yes, Dave. “All to save $296 a month?” Yes, Dave. “And now you’re going to pay $620,000 more in interest over the life of the loan?” That’s correct, Dave.

This might sound stupid but why buy a house when your still going to be paying rent regardless property taxes insurance maintenance etc go live in a private 2 story house and call it a day for the moment then rack up money save get a loan on the money you have saved put that as down payment towards a crib and then slowly start paying off the house easily

Sounds profound, but take a serious look on Nvidia beyond buzzwords. Imagine you are giving a loan to someone. They offer you to pay back the loan in 40 years without any interest. And you are arguing that it is a good deal, because this business is so safe that the money is virtually guaranteed to come in again. Maybe it will not even take 40 years but only 30. Only problem with that is, that if you buy a 30 year treasury instead, you collect a premium. You are betting on one thing: Someone will pay even more than you did to have an even longer period before them to recover their investment. And as long as people do that it is a good deal, because you can sell the loan off to those people. If at any point people stop paying more money to recover their money in even more years without interest, you are stuck with the loan you gave. Then Nvidia is still a great company with massive earnings. But you will only earn less than a cent dividend per year for every 200 bucks you invested, If you strip off names and speculations and sectors and reduce the deal to cashflows, Nvidia is not a buy by a longshot.

Im taking out another loan then

Just got approved for a 50 year Klarna burrito loan. See you guys in the coal mines.

50 yr costco hotdog loan for ber lmao 🤌

You can buy a nice car with your 50 year loan

If I had invested my entire student loan into SPY at the peak before the financial collapse, I would have more money than I do now.

As someone who went to college in 2008, it would have been a much better idea to yolo my student loan money into the market than going to college. Let that be a lesson to all the young ones here: don't invest in yourself, invest in nvda.

The houses around me are 1.2 to 1.8 million and people do finance them still. What banks aren’t financing a gov backed 30 year home loan for $500k? 

All the houses around me that cost 300k are now 500k and the banks won't approve a 30y for most people on a loan that big.

Having taken out a personal loan and using a ton of margin to fund my AI investments, I am now considered a "microscaler". 🧐🤌🏼

I am refinancing my 5 years burrito loan, so I can make an extra payment on my 50-year mortgage. The American dream baby

My burrito loan just got denied

Your phone might be upside down like your a 82 month car loan.

>The sale of Nvidia shares, partial sale of T-Mobile shares and the margin loan on SoftBank’s holding in Arm, are all “sources of cash that will be used to fund the $22.5 billion investment in OpenAI,” a person familiar with the matter told CNBC. oh so it's all going right back into nvda chips, nice

Only if he gets 1.2T gov loan though

Gonna try and get a Heter Iska loan for a car today lmao wish me luck

Still waiting on the student loan debt bubble that’s the one that’s gonna fuck everyone

Ah what would we do without the good old trusty 30-50 year mortgage and the 7 year car loan & 25% interest credit card

Imagine owning a home for 15 years, half way done with mortgage, but you refinance on a 50 year loan LMAO 🤌

What if I just take a loan out in my name and my children's names and roll it into one big family mortgage I could probably swing a 2 bed home to build our legacy

Late stage capitalism is beautiful: 1. suck all the money out of the lower and middle classes. 2. wait...fuck...there's no one buying our garbage anymore. 3. Gonna need to loan em money to spend and obviously make money on the money we've loaned them to give back to us. 4. Uh oh real estate market is dead. 5. 50 year mortgage

What bothers me is the outright fraudulent financial reporting coming out of those car loan financing guys that went under recently How many more such zombie corps are ready to pop is the question

Can't wait to get a 15 year loan on a car that won't last for 7 years.

15 year car loan and ill still only be able to afford a Honda Civic.

“You will own nothing and you will be happy!” 50 year mortgage and 15 year auto loan. Ok 50 year mortgage makes sense but 15 year auto loan, who the hell needs that

15 year auto loan & 50 year mortgage. If this isn’t late stage capitalism, idk what is.

25 yr Lambo loan on way

50 year car loan next year?

Imagine getting an interest only 50 year loan and thinking this is better than renting

Not only can you have a 50 year mortgage you can have a 15 year car loan. You will pass on with debt in your name!

I’m so glad I didn’t get suckered into that shit and have -$100,000 student loan debt instead I make +$100,000 once in a while with options.

if 50 year mortgages pass, and rates drop to near 0, can you just get home equity loan, buy QQQ, infinite money hack?

Nobody sane ever thought it was a good thing. It's for retards, by retards. Even the best case "muh inflation fighter I will stick it to the banks lololol" retards don't seem to understand how loan amortization works.

After taking a 15 year car loan and 50 year mortgage your pronouns are Serf/ proletariat

Burrito price: $12. Monthly Payment: $0.06, Annual Payment: $0.76, Loan Pay-off date: October 2075. Total paid: $37.79 (600 payments), total interest paid: $25.79.

15 year car loan 50 yr mortgage $2k downpayment

Sawwweeettt! Mine came with a complementary 50 year loan of Pepto and TP!

A loan shark and convicted drug trafficker who was freed from prison by President Donald Trump in 2021 was sentenced to 27 months in prison for repeatedly violating the terms of his federal release. See this is why we need the fentanyl tariffs

Lol. No they aren't. Government has fuck all to do with auto loan underwriting. Misinformation and garbage from random sources.

I thought the 15 year car loan was a joke holy fuck 😂

Try an interest only loan

Nice! Mine came with a complementary 50 year loan on a toilet too

OpenAI losing 40+ billion a year by the way. Might need to get a loan from Argentina.

50 year mortgages? Why not just make them 100 year mortgages and if not paid before death the bank gets the entire estate and even the corpse to satisfy the loan? Surely that will make housing "affordable" lololol

>CNN: OFFICIALS ANNOUNCE ALL 50 YEAR MORTGAGES WILL COME WITH A FREE SET OF PATRIOTIC RED, WHITE AND BLUE CHAINS TO WEAR FOR THE ENTIRETY OF THE LOAN

Just got approved for a 50yr loan on a burrito 😎

Where can I sign up for a 50 year loan ?