Owning a home is an awesome feeling, let me tell you! Though we don’t own our home outright yet. Maybe we own a bedroom and a bit of the kitchen? Some grass in the yard? Like most people we had to take out a mortgage loan in order to buy our house. There are many different types of mortgage loans out there these days. We chose a 30-year, fixed rate mortgage.
Here’s what we considered in choosing a 30-year mortgage: