Some people are very scared of debt. Some radio talk show hosts say that these folks should purchase a home using a 15 year mortgage because they will pay the debt down quickly and pay less overall interest. While this might be an appropriate strategy some of the time, you know that the 15 year mortgage does not take into account A) the fact that you are paying the bank back with deflated dollars. B) the fact that you have more flexibility with a 30 year loan. C) the fact that you will lose a possible tax deduction once the 15 year loan is paid off. D) all of the above.