Current 30 year rate: 3.156%
Cost of 450k home at term with 5% down, 0.5% PMI = $676,830.96
Current 15 year rate: 2.594%
Cost of 450k home at term with 5% down, 0.5% PMI = $522,384.38
Most Americans are not disciplined or savvy enough to take the monthly savings on a 30 year and invest it...