A sports mortgage is the brainchild of Stadium Capital Financing Group. It is an innovative way to finance cash-strapped sports programs by allowing fans to sign up to pay a mortgage" over a certain number of years for the right to buy good seats at football games for several decades with season ticket prices locked in at current prices. Assume fan X purchases a $130,000 mortgage and pays for it now to get season tickets for $290 each for 50 years, while fan Y purchases a $90,000 mortgage and pays for it now to get season tickets for $320 each for 25 years. Assume interest rate is 8% per year