Think of the bond as a (second) mortgage.
Then think of paying off the bond as something that probably can't be recovered in full if you decide to move/sell.
Realize that the touted number of moves within The Villages is around 3.
My advice is to not pay-off the bond, at least not until you are sure this is where you want to be and the house you picked is your forever house. We have owned our house for 7+ years and I still would not pay off the bond.
Other considerations are: You should be able to earn enough by investing the money (admittedly not this week) and by not paying off the bond you have access to that much cash.
JMHO
|