wrote in message
...

To do some very preliminary budgeting for purchasing an older single
engine aircraft, I need an idea of how long of a term that a finance
company might provide for a 30 year old aircraft. I suspect there must
be a typical limit for aircraft over a certain age.

Does anyone have information that can get me in the ball park?
Is it possible to get a 15 year or even a 20 year loan on a 30 yo
plane?

First, aircraft loans are not in my specialty. But, before you spend a lot
of time looking for longer terms, take a look at how much the term changes
the payment amounts. If the interest rate is 5%, then the longest available
term may make sense--as long as you keep it insured and the values never get
"upside-down." OTOH, if the interest rate is 10% or more, you probably want
the shortest term you can afford. However, you need to do the calculations
first; so that you will know what is even worth asking about...

So, if you have a financial calculator, break out the book and run some
sample calculations. Otherwise, ask your banker or just try one of the web
based calculators--you can search for "mortgage rate calculator" or
"mortgage amortization" or something similar.

Peter

P.S.: Values fluctuate, even in real estate, so make sure you have a good
cushion in your values!