You're correct. At a certain point, it becomes ridiculous and non-senisical for the loan issuer and the borrowers alike.
However, if we continue down the road of ridiculousness, the loan could start to make sense for the borrower. That's why I keep saying I'd like a 200, 300, 500, or 1,000-year loan. Even though I would end up paying sooooooo much interest over the life of the loan, my monthly payment would drop drastically, and I'm confident the loan company, the US dollar, the US government, and possibly even the human race will cease to exist by the loan maturation date.
#WINNING