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Thread: ccd bond for Village of Hadley
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Old 09-04-2008, 05:20 PM
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Default Re: ccd bond for Village of Hadley
Bobo - could you provide the calculation on how adding 20K to the price of a house means 2K more per year in taxes? From another thread the milage rate in Sumter is 13.58 X 20 = $271 per year in additional taxes. Isn't this correct? Is the bond treated differently?

If you meant a mortgage + taxes then at 7% for 25 years the yearly number is around 2K. I assume that is what you were getting at.

Thanks