Quote:
Originally Posted by TNLAKEPANDA
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.
Thanks
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We paid our bond off after the first year.
We knew we loved it here and love our house so we paid it off.
We are in our 60’s, live in our houses 15-17 years and have no plans to ever move.
Why pay DOUBLE for the bond over time. We also hate any debt.