<prompt> Human: Long story short I posted something similar earlier this week that my dad passed away recently and I am in need to find new housing. I found a town home for 150k. By putting 30 down, hoa fees, taxs, etc. my monthly cost would come out around 800 dollars a month with a 30 year mortgage and around 1,100 with a 15 year mortgage. I would be staying in this home for roughly 5 years while my girlfriend finishes school and then we plan to move in together once she is graduated. Currently I am making 50K a year before taxes and was wondering what mortgage fits my situation best. I know that if I go with a 15 year at this price I would be a bit over my head. I have been doing research on this subreddit regarding mortgages but I still have so much more to learn and was basically wondering what you guys think. Any help would be immensely appreciated. E: formatting and words  <response>: If you are planning on not staying long does it make sense to buy at all? Will you be able to handle if the property takes 6 months or more to sell? If you do decide to buy, I would go for the 30 year and only put 20 down. Invest the extra and make sure to have savings to cover major expenses like HVAC and appliances. Townhouses dont increase in value at the same rate that detached properties do. Edit: you can always pay additional principal on the longer term loan. Though with the short amount of time you will be there I would just invest it. 