Pros and cons of choosing 30-year vs 15-year amortization schedules for Home Loans (S5 E13)

Realtor John V. Pinto and Senior Loan Officer
Abel Fregoso of Homebridge Lending discuss the
real-world benefits and detriments of 30 year vs 15 year
mortgages.  What are the factors that determine the best
decision for your situation?  How do the interest rate,
monthly payment, amount of interest paid over the life of the
loan and the loan amount you qualify for, change between the two
options?  And is there a third option?  You can see our
Doodly version of this topic at:
 https://youtu.be/ZnIAhDZ6yag