Talk of The Villages Florida - View Single Post - Current Bond $
Thread: Current Bond $
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Old 01-09-2010, 11:01 PM
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Quote:
Originally Posted by JimJoe View Post
I think the line ...The line UNIT xxx SPEC ASMT-BOND $3,914.12... is not just your bond interest.. I think it is your yearly payment to pay off the bond, and that payment includes interest and payment on the principal, just like an other loan...
But like someone else on here says.. I could be wrong.
You are correct. I am wrong. However, like any 30 year loan, the princpal is only a tad compared to the interest.
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