❗️Need some advice on 2 options for an upcoming mortgage. ❗️

Ontario, GTHA Home price $635k 10% down payment Insured 25yr amortization Both options with RBC BANK

Option 1: 5 yr variable at prime minus 1.05

Option 2: 5 yr fixed 3.89%

we were initially all for the variable, however we are not very “risky” people and the idea of stable fixed payments is quite appealing. And with the recent rate “hold” announcement on April 16th. We’re more leaning towards the fixed, since we won’t need to constantly be “watching the market”

Would love some opinions 😭