I would not expect any decrease in facial hair. But saying that I have noticed a slowing of growth, a bit of thinning, and my side burns have gone all patchy. Not that I have much hair to base that on, I've had most of it removed. Still getting some electro.
As for hair loss, hard to say. It should help some.
I use propecia and it has stopped my hair loss and some has grown back as good as new i.e. black/brown. Perhaps though I have not actually grown anything back but it has thickened what I have left. Takes a long time so don't expect a miracal. It also works well alongside spiro, they are complimentary.
Congrates on the hormones!