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30-Year Fixed vs. ARM

Home Mortgages and Home Buying 30-Year Fixed vs. ARM

  • Faithful Steward Faithful Steward 
    Participant
    Status: Financial Advisor, Small Business Owner
    Posts: 519
    Joined: 06/12/2017

    Given the totality of your situation, I’d still recommend the 30-year fixed over the 10/1.

    Michael Peterson, CFP® | Faithful Steward Wealth Advisors
    https://ProsperousPhysician.com | (717) 496-0900

    #223329 Reply
    Avatar orthodoc2018 
    Participant
    Status: Physician
    Posts: 80
    Joined: 07/18/2018

    Given the totality of your situation, I’d still recommend the 30-year fixed over the 10/1.

    Click to expand…

    Definitely was deciding between the 10/1 and 30-year….given that I’ll still have student loans for the next 3.5 years, maybe it’s better to just do the 30-year and while I still would plan to pay off the mortgage in 15 years at the latest, I’d be a little less pressed for time with the 30-year in case some unexpected life event occurs.

    Was this along the lines of your thinking?

    #223521 Reply

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