The average person has no idea how much they actually pay for their house with a mortgage
An example:
Mortgage: $500,000
Term: 30 years
Rate: 6%
Interest: $610,000
Total cost: $1.1 MILLION
The banks won't tell you this
The schools won't tell you this
And it's by design
It's all smoke and mirrors
Real estate is a scam
Maple Bitcoin
npub139…6yeat
2025-04-15 18:38:45
Author Public Key
npub139enddt4gc9n4swrq7cmn9ke9zj6wk9sq35lvjz57p9v5z2rr5wsf6yeatPublished at
2025-04-15 18:38:45Event JSON
{
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"pubkey": "897336b575460b3ac1c307b1b996d928a5a758b00469f64854f04aca09431d1d",
"created_at": 1744742325,
"kind": 1,
"tags": [],
"content": "The average person has no idea how much they actually pay for their house with a mortgage\n\nAn example:\nMortgage: $500,000 \nTerm: 30 years \nRate: 6%\nInterest: $610,000\nTotal cost: $1.1 MILLION\n\nThe banks won't tell you this\nThe schools won't tell you this\n\nAnd it's by design\n\nIt's all smoke and mirrors\n\nReal estate is a scam",
"sig": "328c6e44b8a91ab779d1f00b64f019f55127b0ebac62de9c29c71fe6f36391639d70a70967983ecce15f8712261a2f60a2c9654134ebd54ef69a6ce44d2e302f"
}