You need to speak with some very good finance people. I am going to suggest a few however there are quite a few great ones and there is money to be had
Tammy Blea with New Mexico Bank and Trust at 505-946-2520
Marty Enfield with Century Bank at 505-989-1939
Francis Phillips with 1st Metropolitan Mortgage at 505-982-8310
Hope this helps,
Santa Fe Properties
You need to talk with someone in the context of your total financial situation. It sounds to me like talking with a cpa or financial planner might be in order also.
In general the amount of time (the term of the long) is not material as long as you do not have a prepayment penalty. I would get as many specifics and options on the table, then talk with professionals.