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 11-28-2023, 10:16 AM
retiredguy123 retiredguy123 is online now
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Quote:
Originally Posted by Bill14564 View Post
Perhaps today, but what would your calculation have been for the previous five years when CD rates were below 3%? In 2019 would you have made the argument that even though the bond rate was higher than the CD rate you were not going to pay it off?
I hate debt, but I never considered paying off the bond because I don't look at it as personal debt. Paying off the bond just reduces the net sales value of the house.