We did not have an option when we bought. Prices were going up, DH was underpaid, and we had to stretch a little thin on a 30 year to buy.
Since then, circumstances have changed and we are prepaying the 30 year (will end up paying for less than 15 years). I realize that with a lower payment of a 30 year, if something changes financially for us, making the 30 year payment is much easier than trying to make a 15 year payment- so we never refied into a 15.
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