SAVE TIME AND MONEY
Not all home loans are the same. Three key choices are:
- The loan term (length of the loan)
- The interest rate type
- The loan type.
Use this guide to understand how these choices affect your monthly payment, your overall costs both upfront and over time, and your level of risk. Knowing what kind of loan is most appropriate for your situation prepares you for talking to lenders and getting the best deal.