30 year fixed vs 15 year fixed

If you can afford the payments 15 year is better.

WTF is so hard about mortgages?

Here are bennies for mortgageee...
1) longer term;
2) lower rates;
3) greater leverage.

15yrs creates greater payments, necessitating higher Downpayment. Negating 1) and 3) above... for 50bps.. .go for the 30yrs. Lower DP, greater tax shield, option to look at other "investments" with Free Cash Flow. We are at 0% from the feds, under 5% on 30yrs and you are by buying now telling me you are a complete financial idiot, don't square your idiocity by listening to Riversider. Just don't take the $2K month swing and buy prada shoes.