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Dept store Quartermaster
Join Date: Jul 2001
Location: I'm right here Tati
Posts: 19,867
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OK, fixed or variable? Advice welcome
Just finished the meeting with my banker. We will be moving about $900k worth of commercial debt to them. I am looking at 13 YR amm with a 3 year balloons. Fixed at 8.25%  or variable at 6.5%. I really don't see the rate moving that much in 3 years so I am leaning Variable. Thoughts? Things I'm missing? Thanks.
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Cornpoppin' Pony Soldier
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