Hi Mini, Nobody on this site will know your particular financial situation nor should they obviously.
A good question to ask yourself is how long do you plan on living in the home that you wish to purchase?
If more than 5 years, say 10 years then maybe the 30 year fixed would be best suited, and same applies if you are looking to move again within 5 years to the 5/1 ARM
Get yourself a good lender and they can help, but the final choice will depend on your particular preferences.
Be prepared for lots of opinions. Everyone has an opinion, Its your choice and only yours.
Hope this candid information helps
First Team Real Estate