Oh, how difficult it is to understand finance and all these banking schemes. I really understand why you're confused. I just recently started trying to figure out lending because I want to take out a loan for my daughter's education. I just recently moved to the USA with my family and everything here is very difficult and very different from Europe where I lived before. I was talking to a guy from navibanker.com and he advised me to take out a loan for a long time in order to have the lowest interest. What do you think about this? I decided not to litter the forum with new threads, but to ask right here, besides, I wonder what you came to in the end.