So, in conclusion (?), it’s about 50/50 on paying off the bond vs not. Interest and Admin fee are undesirable, but tolerated, or considered a deceitful hidden fee to some.
Our bond fee is monthly within the escrow. If I had an extra stash of cash, I would pay it off to reduce monthly outlay and divert that “savings” to other debt.
Everyone has his/her own tolerance level for paying debt and for various reasons.
__________________
Mama always told me not to look into the sights of the sun. But mama, that’s where the fun is.
|