[Autoshow]

after paying your yearly bond,the balance accumulates interest, Example
Bond 20000
Yearly payment 1500
Balance $18500 plus interest,about $1200, plus $50 for the paper work
Bond reduced after 1 year about $300
It is like a 30 year mortgage
If you can pay it off you can save plenty on the interest.
The sales people only tell you it can be paid off monthly,never telling you the other costs involved.
My bond was 6000, after the first year I realized the true cost and payed off the balance
I am not bitter,I am only giving you the true facts.