Talk of The Villages Florida - View Single Post - Pay Off Bond or Pay Down Mortgage?
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Old 04-15-2021, 07:40 AM
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Awesome responses, thank you to all who've replied! It helps to read through everyone's thoughts as they pretty much match my own considerations up to now. The info about the yearly admin fee on the bond is good to know. Unlike some potential buyers I did mentally add the bond amount to the list price of our home and considered that the true 'asking price' when comparing to other houses including used. Probably due to their location in a preferred central part of The Villages I couldn't find a used home with equivalent square footage for the same money as my new house south of 44. All good food for thought.

Thanks again, Jim