Need advice on financing quote I received

[Saran Mandhadapu]

Hi,

I am purchasing a multi-family unit for $175,000. Here are the loan terms I received from a bank, please let me know if this is good in current market. This is a commercial loan.

Interest Rate fixed for 5 years = 4.9%

At the end of 5 years, the rate fixes again for another 5 years

Loan term = 20 years

Loan amortization = 20 years

Down payment = 20%

Location = York County, PA

No pre-payment or refinance penalty and no balloon payment.