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Go Back   Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk

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Old 01-05-2007, 11:43 AM
Romul Romul is offline
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Join Date: Jan 2007
Posts: 3
Romul is on a distinguished road
Price and loan help

We're looking at trying to buy a commercial building for our business. We've

found one that already has tennants paying $10k/month with enough room left over

for us. I'm trying to figure out exactly how financing and monthly payments is

equated though. Can a traditional mortgage calculator be used to figure monthly

payments on a commercial building? I think we can get into it for $1m financed.

What would be the monthly payments on that?

thanks,
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Old 01-08-2007, 02:17 PM
sub500 sub500 is offline
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Join Date: Dec 2005
Location: La Jolla
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sub500 will become famous soon enough
Hay Romul

What kind of loan are you going to get at what rate for what length of time There calculators for many types of loans even balloon loans
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