Yes. If a low-cost or no-cost fixed refinance opens up at a meaningful discount before your adjustment hits, converting early is a sound move. You'd be trading an uncertain future reset for a rate you control, and when the cost to do it is small, there's little downside to buying that certainty ahead of schedule. With years of runway before the loan even adjusts, you have real optionality. You aren't forced to act, so you can wait for a genuinely good opportunity instead of grabbing the first one. Nobody can promise rates will reach a level that makes the move worthwhile, which is why you treat this as an option to exercise if the chance appears, never as a plan you're counting on. Also consider the worst case, which is doing nothing until the adjustment arrives. By then, two things have usually worked in your favor: the balance is meaningfully lower after years of payments, so the new rate applies to a smaller number, and your income has typically grown over that stretch. A reset that looks scary today often lands on a smaller balance against a larger paycheck, which makes it far more manageable than it feels right now. So the plan is simple. Set a realistic target, get on a rate watch, and pull the trigger on a cheap fixed refinance if it shows up. If it never does, you'll still be in a stronger position by the time the loan adjusts than you are today.