Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You August 7, 2014 George Duarte Home Mortgage Tips Comments Off on Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.