I am seeing some deals get under 3%, interest only for more than 5 years now......some 10 year deals with 7 or 9 years of i/o!  

@Cliff H. iOS had an update last night which might explain any issues on the app because I had noticed it too.

Thinking of I/O payments, amortized 25-30 yrs with a balloon in 5-7 years?

Finally, you'll want to practice calculating your exit strategies as you probably know, commercial loans are usually somewhere in the 5-12 year term even if the AM is 20, 25 or 30 years and numbers will change depends on how many years of IO you get, if any.

But I also am not an expert in I/O lengths lenders have given in recent history (last 10-15 years)Do you feel the 36 months of I/O in five years is realistic or aggressive?

They way overpaid in 2016, the property hasn't performed and not their I/O period on the loan is up.

I just closed on two separate deals - both small balance agency debt - 30 yr amort-  i got a few yrs of IO, there is yield maint, but rate is 3.77% i am editing to add: on both my loans they wanted cash reserves of  9-12 months of int and principal, taxes and ins in an escrow account.  

Hi @Walter Fabiszewski.The tools are available on an android app, but not on iOS app right now.They are available on your mobile device if you access the site through your mobile browser regardless of device.And you can find all of them on the site.The calculators have 5 calculations for free, and then you must upgrade to Pro for unlimited uses.

It also does not allow for IO payments in the formula.

I think this will be a great value-add deal.Purchase price is $385,000 (64k) per unit for 6units (all 1bed/1bath 504 sqft) 1953 vintage Apartment building with last renovations in the year 2000 such as electrical, plumbing, roof, HVAC etc.Down payment $70,000 at 6% with 12 month loan term with 1yr I/O, no pre-payment penalty, Current monthly income is $2,685 (avg rent is $447).