Talk of The Villages Florida - View Single Post - Pay Off Bond or Pay Down Mortgage?
Thread: Pay Off Bond or Pay Down Mortgage?
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Old 04-16-2021, 06:23 AM
jonathanb jonathanb is offline
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Paying off the bond does not
Increase the value of your home. If you plan on staying there the break even point on the bond is usually 12-13 years. We usually move to a new home every 2-3 years so we do not pay the bond off.