Digest of Biblical Civil Law

The state should not reward mortgage debt by providing deductions on mortgage interest. God’s law forbids debts that take longer than seven years to pay off (Deut. 15:1ff.), therefore long-term mortgages exceed what God’s Law permits.
- Martin G. Selbrede, Taxation, Liberty, and the Bible (October 30, 2008), at http://www.chalcedon.edu/papers/Taxation.pdf.