Talk of The Villages Florida - View Single Post - Maintenance Fees?
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Old 07-18-2011, 06:18 PM
old moe old moe is offline
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Default Bonds

Quote:
Originally Posted by sulley007 View Post
In my opinion I've found that when a house has the bond paid off compared to the same one with a bond there isn't much of a difference in price. So I am not worried about my bond being paid off as I'd rather keep the cash.
But how about all the interest you would pay @ 6% ? If your payt. annual amount stays the same each year that means the beginning years are loaded with interest, prin. goes down very little in the earyl years?? Al