No jargon, no sales pitch — just the things we wish more borrowers knew before they applied.
They both let you reduce the interest you pay by using your own savings, but they work differently — and one of them can affect your tax deductions if you ever rent the property out.
A lower advertised rate doesn't always mean a better deal once you count break fees, new application costs, and how long you plan to stay in the loan.
The right structure depends on how much certainty you value against how much flexibility you're willing to trade for it.
