Talk of The Villages Florida - View Single Post - "No Bond" is promoted in home sales. But what's the real savings?
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Old 11-26-2023, 08:58 AM
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villagetinker villagetinker is offline
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Also, as far as I know, the bond payments and interest are NOT deductible on income taxes. A few years ago, the bond interest rate was higher than our income interest rate, we made the decision to pay off the bond, today it would be the opposite. My point there are several things to consider. IMHO, figure out your planned monthly budget, and see if the additional bond expense is a deal breaker.
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