Talk of The Villages Florida
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Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)
-   The Villages, Florida, General Discussion (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/)
-   -   Bond Balance Ramaining (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/bond-balance-ramaining-23400/)

KayakerNC 07-30-2009 01:36 PM
Quote:
Originally Posted by golfnut (Post 217501)
In these days of sub 1% interest on < 6 month terms it may be easier to just pay it off and be done with it.
Or go with an online bank. Most in the 1.8% to 2% interest earnings.
http://www.bankrate.com/funnel/savin...false&prods=33

Cassie325 07-30-2009 08:18 PM
Quote:
Originally Posted by zcaveman (Post 217479)
You do not gain anything by paying the bond off in early fall or winter. If you wait until the May/June time frame you can accrue interest against that money then pay the bond off in May/June. You will only incur the interest charge on your tax bill if you go past the May/June time frame. I waited until June to pay it off and went down to the Wedgewood office and did it in person.

Z
The date this year for the deadline was just last week on July 24th....same time period every year.

zcaveman 07-30-2009 09:55 PM
Quote:
Originally Posted by Cassie325 (Post 217563)
The date this year for the deadline was just last week on July 24th....same time period every year.
Thanks. I wasn't sure and my papers are in the safery deposit box. I just know that May/June was close.

zcaveman 07-30-2009 10:01 PM
Quote:
Originally Posted by golfnut (Post 217501)
In these days of sub 1% interest on < 6 month terms it may be easier to just pay it off and be done with it.
My Money Market Advantage account at Citizens First get 1.75%. Depending on the size of the bond you could pick up a few hundred bucks waiting until July. But that is just my feeling. I understand that being free of the bond is a big financial weight that is gone.


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