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Commercial Real Estate Investing
HomeForumsCommercial Real Estate InvestingCommercial Loan with 120 year term?
Jane G.'s profile image
Jane G.'s profile image
Jane G.
  • from New York City, New York
  • Member since Jul 19, 2017
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Jane G.'s profile image
Jane G.'s profile image
Jane G.
  • from New York City, New York
  • Member since Jul 19, 2017
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Jane G.
  • New York City, NY
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Commercial Real Estate Investing

Commercial Loan with 120 year term?

Jane G.
  • New York City, NY
Posted Jul 19 2017, 13:58

What are the effects of a 120 year term on a fixed rate mortgage with 30 year amortization and a balloon payment due at maturity? Would it be better to have a shorter term for any reason?

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