Talk of The Villages Florida - View Single Post - District Bond Amortization schedule is very weird, doesn't match normal calcs
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Old 09-23-2023, 11:57 AM
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Quote:
Originally Posted by CoachKandSportsguy View Post
not sure how two years interest free plays into it, as the payoff periods are still 30, count them, and there is no interest accrual on the schedule, which would be misleading.

The question would be when did they float the actual bond, and what is the schedule for interest payments to the bond holders. . . i guess that would play into this somehow. . .

things that make one go hmmmm, but not keep one up at night.

In financings nothing free. You either pay in front or out the end. Another key note I’ve learned the money in interest, how it figured, and compounded. they don’t want you to pay it off. Then there the very fine print, lots and lots of fine print.