Quote:
Originally Posted by billsnider
Hi,
New to The Villages. I want to learn a bit more about the bond. I noted that the interest rate is 5% or so and has a number of years remaining to be paid. Is it possible to pay some of this in advance to save some interest? If yes, who do I contact and how do I do it? Bill Snider
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Welcome Bill. Yes, you can pay the bond off early. I misspoke when I said partial payment is possible. However opinions differ on whether it's a wise thing to do.
If you use the Search Button Above, and type in bond, you'll find all kinds of threads telling you how to pay off the bond early, and also discussions on whether it's a smart thing to do.
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Barefoot At Last
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Last edited by Barefoot; 09-21-2013 at 10:30 AM.
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