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Reaper-Media Volunteer moderator says
When I go to sign up: https://www.dyndns.com/account/services/hosts/add.html I have no clue what to do :D

the first bit is what you want the domain that accesses your localhost to be, there is a list of the domain providers and you can pick any one you like.

The ip address is where you enter the ip address of your router (i.e. current connection)
Now would I choose ‘Host with IP address’ or ‘Offline Hostname’?

Definately the first one for what you want to do ;)