There are a lot of variables in a mortgage. By far the most important, however, is your interest rates. Did you know that it is said that interest rates have no where’s to go but up at this point. I know from experience that interest rates can get to almost twenty percent, as they did in the mid nineteen eighties. My dad was a real estate agent back in the eighties and I remember when the interest rates went from fourteen percent to eighteen percent in one month! Make sure you are on a thirty year fixed rate at todays interest rates. You will love yourself in five years when rates may be double!