u/External-Technology5

Hello I recently got this quote, can you please tell me if this is a good loan or a bad one, many thanks

Commercial Real Estate Term Loans
Amount $800,000
Length 5-vear term
Amortization 25 years
A fixed rate, based upon an indicative rate of 6.00% per annum as of May 5, 2026, such rate to
be adjusted as of the date of funding so as to maintain the same margin over U.S. Bank's cost of funds as that which is included in the above
Colatera:
Prepayment Indemnity: Break Funding.