Talk of The Villages Florida - View Single Post - Bond payoff
Thread: Bond payoff
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Old 11-05-2011, 04:36 AM
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jackz jackz is offline
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Quote:
Originally Posted by CarGuys View Post
Some say pay it off! Some say don't pay it off!

In our case 23k at 7% interest for years.

My bank did not have it estimated for 30 seemed more like 10? Or I could be wrong.

We are debating paying off the car or the Damn Bond- Car is only 2.99 % interest for three years. Bond is 7% for eternity and beyond?

James Bond is cool - Village Bond is not cool at all!
With interest rates for Savings and CD's in the toilet, how is it that the interest rate on the bond stays the same at 7%???
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