How many years should I finance?

[Robert Farris]

Hi,

I'm trying to get financed for a mortgage and was wondering which is better for a buy and hold rental property, 15, 20, or 30 year mortgage?

I was leaning toward a 30 year just because the payments look lower although the fixed rate is a bit higher.

But the 15 and 20 year may have a bit lower rate, the payments are higher.

I'd be paying the loan off early.

Any thoughts or advice?

Thanks