Talk of The Villages Florida - View Single Post - Bond payoff
Thread: Bond payoff
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Old 11-26-2020, 07:01 AM
eeroger eeroger is offline
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Default Bond Payoff
Quote:
Originally Posted by TNLAKEPANDA View Post
When is the best time to pay off your Bond? Anyone know for sure?
I know that realtors do not recommend paying off the Bond... however the
Interest is around 6% which is very high.

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Not all bonds are 6%. District 8 refinanced their bond during the summer. I believe it is somewhere around 4%. Even with the tax increase, our total tax bill was $530 less this year than last year.