Quote:
Originally Posted by zcaveman
You are correct. I am wrong. However, like any 30 year loan, the princpal is only a tad compared to the interest.
|
I agree the principal part of the payment would be small. Do you think it is wise in this economy to pay off the bond? I intend to when I buy. IF I ever sell, I am sure buyers will calculate that into any home they make an offer on, paid or not.