<prompt> Human: Ive read some on here that a 30y mortgage is financial suicide etc. Im paying one extra payment a year, and am four years in. Im wondering the 30y mortgage is really going to be a huge problem and if I should sell it now as the market value is currently 80-90 higher than when I bought?  <response>: 30 year mortgages are typical. Without knowing your situation income and expenses, interest rate on loan, etc. I cant say whether it was a good decision or not, but a 30 year mortgage in and of itself is not a bad decision. 