Talk of The Villages Florida - View Single Post - Where can I find out about the costs of living in the Villages?
Thread: Where can I find out about the costs of living in the Villages?
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Old 02-14-2021, 08:37 AM
Bill14564 Bill14564 is offline
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Originally Posted by nicksgram51@yahoo.com View Post
New to the area. I thought the amount was only the balance that we pay on it, did not realize they add interest. Does anyone know what interest they charge?
Go to the Bond Amortization Schedules page and look up the details for your area. For me, the actual interest rate is 5% BUT, there is a fixed Admin fee that brings the effective rate to 5.5% this year and over 6% by the time my payments would end.
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