If you plan to stay in this home until the trumpets sound, then you can save some interest expense by paying the bond early. You will still have to pay the annual maintenance fee on your property tax bill. Look up your bond interest rate first and determine if you are earning more or less than that on your investments.
If you move, you will not recover the cost of the bond when you sell the house. Most buyers do not consider the bond when they make their purchase. A paid bond may help you sell faster, but it will not increase the sales price by much.
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