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In my opinion yes. In my opinion I don't think it's a good idea to go for a 30 year you plan on selling in 9-10 years. You are front loading the interest. I think you are better off building equity....

With those interest rates, you should be able to significantly reduce your monthly outlay with a 15 yr mortgage. And yes you are wrong. Your wife has a point that you are currently paying more...

If you were going to stay in the home longer than 9 years, I would agree with your plan. But since you plan to move, I would be more inclined to suggest a 15 yr instead of 30. Also, not knowing the...