Yes. But your monthly payment is much less,

For 30 years fix. Paying less now is the main point I try to make here. With the time passing, you always have choice at any time, to pay off or refinance, or keep the current loan. Remember what I mentioned, 进可攻，退可守。只有自己口袋的钱才是自己的钱，可以等待better choice. 花掉的钱不属于自己。