Conor Dougherty

A significant amount more.

So almost a million dollars in interest for your $500,000 house.

And not only that, there's some questions about whether or not it would even really save you money.

So for instance, if banks are going to be doing 50-year mortgages, the interest rate on the 50-year mortgage is almost certainly going to be higher than on a 30-year mortgage.

And the reason is a 50-year mortgage is much riskier.

If you're lending someone money over 50 years instead of 30 years, there's a much higher chance that something will go wrong in those 50 years.

On top of that, if you are buying that home after 50 years, it takes you a lot longer to start owning real equity in that home.

As anybody knows, looking at their mortgage statement, in the first few years, you're mainly only paying interest.

And in the last years, you're mainly only paying principal.

So it would take you 20 years to start really having significant equity in the house.

Unquestionably.

Now, what's really striking about the critiques of this idea is just how much of it is coming from within Trump's party and some of Trump's closest allies.

You have Laura Loomer, the conservative activist, saying lifetime mortgages.

You have Marjorie Taylor Greene, who is one of the most strongly associated with America first.

Well, she says, you'll be in debt for life.

You have

Christopher Ruffo, another conservative activist, saying if you have a 15 or 30-year mortgage, you'll actually own your home, whereas a 50-year mortgage, you're never going to own your home.

Essentially, you're just renting it from the bank now.

Many people from all across the political spectrum sort of recognize this as a very risky deal.

I think it's fair to say they're going back to the drawing board on this one.