Talk of The Villages Florida - View Single Post - When to pay off home bond
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Old 07-20-2016, 08:43 PM
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Quote:
Originally Posted by Bay Kid View Post
When is it smart to pay off the bond?
It all depends.

Is the interest rate you're paying on the bond, higher than the gains you can reasonably expect to make investing it?

If so, pay the bond off.

If that same money returns a higher % rate investing however, take the money you would use to pay off the bond and go invest it.