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What is the usual length of time for a church to pay on a loan?

April 26, 2017church LENGTH loan pay time usual

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What is the usual length of time for a church to pay on a loan?

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A. The Foundation recommends that the church finance for the shortest period possible and stay within the 25 percent of income for debt service. For some projects, the term may be 24 to 36 months; for major projects the term may be for 15 to 20 years. back to topClergy Council Q.