Talk of The Villages Florida - View Single Post - Bond
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Old 04-28-2014, 03:59 PM
kansasr kansasr is offline
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When I looked at my amortization schedule, based upon a 6.125% interest rate, and saw that of my first year payment of $1093 only $213 was going towards the principal, it was an easy decision, given that I'm not planning on selling. On my $14,080 bond, I would have paid $15,686 in interest if I had maintained the annual bond payment!