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More information on Constant Payment equity mortgage loans

Benefits of Constant Payment commercial equity mortgage loans:

If you use a constant payment commercial equity loan to get cash out of your commercial property, you'll get to make mortgage payments that are all the same size. Why is that good?

Well, with mortgage payments that are all "equal," they'll be really easy to budget, cause you'll always know you're putting the same amount of money out each month to go towards you commercial equity mortgage loan.

Another benefit of using a constant payment loan to get equity out of your commercial real estate, is that the "constant payments" you'll be making on that loan will both pay off your mortgage-interest (the percentage you're charged on the loan-money you borrowed), and your mortgage-principal (the mortgage loan amount you borrowed). So what?

It's always good to pay off some of your principal with every mortgage payment. Why? Cause you can save more money than if you didn't. When you repay some of your principal with every payment, the amount you borrowed gets reduced. So there will be less of a borrowed amount (so less of a principal) for you to be charged interest on. And when there's less principal for you to be charged interest on, your cost in interest will go down and you'll save money!

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