Commercial Rates: Not sure which option to pick

[Bryan L.]

Closing on a 12 Unit soon which we plan to hold long term.  

Have the following options available: 5 Year @ 4.7% or 7 Years @ 5% with 15 yr amortization (requested) on each - need to make a decision soon and have been going back and forth...any thoughts?  I'm leaning towards the lowest rate but like the 7 yr option, however, 0.3% over 60 months adds up....