<prompt> Human: Original loan of 275k at 5.25. Id like to pay less interest, but unsure if its better to have a good rate while delaying the payoff of my principal again.  <response>: Paying off your principal is only delayed as much as you choose to delay it. A 30 year loan could be paid off in a day if you have the money.There are other terms you can consider, 10, 15, 20 years. But if youre staying in the house long enough to make up for the closing costs with the interest you save, then term length only matters as far as what offers the better interest rate and what minimum you can afford. If its longer than you want, just pay more than the minimum. 