Most jurisdictions let you repay in full without penalty so assuming you can refinance down the road or simply sell the place during the lock period, you come o

Most jurisdictions let you repay in full without penalty so assuming you can refinance down the road or simply sell the place during the lock period, you come out ahead. It doesn’t change nightly either. It’s in fixed windows every X months (e.g. every six months) and the maximum delta per hike or drop is usually fixed as well.