If I Am Purchasing A Business Building Valued At 385 000 I Can Get A 30 Year Mor (1)
If I am purchasing a business building valued at $385,000. I can get a 30-year mortgage at 4.52%, or a 25-year mortgage at 4.2%, if I can put 16% down. I believe my business can support a $1,700 a month mortgage payment (not including taxes and insurance). Should I select a 25-year mortgage or a 30-year mortgage for my best option.