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Pretty_Swordfish t1_jaf1eng wrote

Not the best. If you aren't willing to walk though, then you are stuck. If you can prepay the entire loan at any time and no cost, you can refinance later if you find a better rate.

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fluffy_bunny22 t1_jaf27s3 wrote

Refinancing is usually not as good of a rate as buying it brand new.

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Pretty_Swordfish t1_jaf4dnu wrote

True, but some banks consider the first 30 or 60 days to be effectively new.

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