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Lock interest for 15 or 30 years ??
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IowaMark
Posted 11/20/2012 19:06 (#2707951 - in reply to #2707736)
Subject: Re: Lock interest for 15 or 30 years ??



NW Iowa. / SW Arizona
I'd still lock in the 30 year & if you get ahead pay it off early every year at a time. If times are tight you will be thank-full for the smaller yearly payment. I will have to admit however the longest I ever locked in a land payment was 20 years & I paid that off early.
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