Talk of The Villages Florida - View Single Post - Pay your bond or not?
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Old 06-05-2008, 10:58 PM
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JohnN JohnN is offline
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Default Re: Pay your bond or not?

Indy Guy, I'm with you,
I PREFER to be debt free, however, I don't see the real benefit to paying it early and I'll keep my little few thousand invested elsewhere, pretty much offsetting the interest.
I thought I'd read it was 30 years and something like 7%. The interest is tax deductible.

I don't plan to pay it off early unless I get a windfall and don't want to keep up with it.