Talk of The Villages Florida - View Single Post - Bond Balance Ramaining
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Old 07-30-2009, 11:32 AM
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Quote:
Originally Posted by Army Guy View Post
Really? Thanks caveman. I was not told that. I was told I could only do it in that May/June period. We are planning to have the funds to pay it off sometime late fall early winter and want to do it then.

Army Guy
You do not gain anything by paying the bond off in early fall or winter. If you wait until the May/June time frame you can accrue interest against that money then pay the bond off in May/June. You will only incur the interest charge on your tax bill if you go past the May/June time frame. I waited until June to pay it off and went down to the Wedgewood office and did it in person.

Z
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