The correct thing to do. The bond is amortized just like a mortgage, which means the interest is front loaded. You have already paid 80-90% of the interest. No point in paying off the remaining balance at this point.
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Originally Posted by mydavid
If you can roll it over to your mortgage, or better pay it up front do it. My house was new in 2003, bond was $12,000, I let it go to my taxes, I still owe $5,000 and its still adds another $600 a year to my tax bill.
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