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So Money with Farnoosh Torabi

1905: Ask Farnoosh: 50-Year Mortgage? Seriously?

So Money with Farnoosh Torabi

Farnoosh Torabi

Business, Entrepreneurship

4.72K Ratings

🗓️ 14 November 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Farnoosh breaks down how much a 50-year mortgage would actually cost (spoiler: it's hardly a savings!) Plus: Getting your employer to help you with your down payment, helping your child become a millionaire, and splitting furniture costs with your partner when moving in together.

Learn more about Farnoosh's upcoming literary workshop Book to Brand. Early bird registration is now open!


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Transcript

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0:00.0

So Money episode 1905. Ask Farnoosh.

0:05.0

You're listening to So Money with award-winning money guru Farnoosh Torabi.

0:09.8

Each day, get a 30-minute dose of financial inspiration from the world's top business minds,

0:15.1

authors, influencers, and from Farnoose yourself.

0:19.1

Looking for ways to save on gas or double your double coupons?

0:22.8

Sorry.

0:23.7

You're in the wrong place.

0:25.1

Seeking profound ways to live a richer, happier life.

0:28.4

Welcome to So Money.

0:31.6

Hello, everyone.

0:33.2

Welcome back to So Money.

0:34.7

Ask Farnoche Friday, November 14th, 2025. Lots to dig into this Friday,

0:41.4

including this really wild idea that spread this week of a 50-year mortgage. Did you hear about this?

0:48.1

The White House has been floating this concept around. And on the topic of housing, we're going to get into some adjacent topics today.

0:55.6

We have a question from the audience about how to receive help from your employer when you

1:02.3

are house hunting. This might be an option to you that some companies offer. And how to split

1:09.3

costs with your partner when you're first moving in together?

1:12.3

A lot of couples are doing this. I did this with my husband before we got married. First, though,

1:18.0

I want to start with something personal and meaningful. This week, my team over at the Montclair pod,

1:25.1

so I started a new podcast this year. We collected our Signal Award. We were the

1:29.8

judges pick for one of the best local news podcasts in the country. We got the silver award in that

1:36.1

category. And this was a really huge moment for us as a hyper local news podcast. And so congrats to my

...

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