Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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PLUS Admin Fee....................the effective rate is not that good.
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Identifying as Mr. Helpful |
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#17
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Interesting: I can't seem to figure out how interest is calculated. It certainly isn't as simple as 3.05% of the previous year's balance. It isn't even as simple as 3.05% of the previous year's balance amortized monthly.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough |
#18
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We paid ours off. You will find endless opinions. Will recover when you sell? Say the number is 20,000. Will you recover say landscaping etc. You will if you have a good broker who will explain the VALUE. Ours was also 5% we were told when we paid it off that it was due to be adjusted. I assumed lowered. Now interest rates are going up. Finance we cannot advise you without should be private information. The questions are what are you getting on that money now-net after taxes. Once you pay the bond that money is tied in your home. Should you need that money, you would need a loan or to refinance the mortgage. I've not looked up close but I think mortgage money is up to 5.5%. |
#19
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#20
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My rate is 2.46%
Find yours here................ Amortization Schedules - Sumter Bond information............ Residential Bond Assessment Information
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The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
#21
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What would 370 buy you where they do not have a bond. |
#22
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The interest was 5% at the time. We were told it was being renegotiated. Someone said it is now 3%. If that is so, I would be surprised. Interest on a ten year treasury is around 3.3% Three percent would be below market. |
#23
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__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY Randallstown, MD Yakima, WA Stevensville, MD Village of Hillsborough |
#24
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Each district has its own bond, and its own interest rate. I am in District 8.
Our bond was refinanced in 2020 when rates were very low. We are paying 3.73%, plus an admin fee of just under $100 annually. We will be paying that rate through 2039. |
#25
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#26
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Go look at District 6….2.46%
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The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
#27
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I belive it's $1100 per year not $1100 per month.
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#28
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Per year not per month.
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#29
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Where does the money go? It is a good idea to write it down for a month. |
#30
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People on this site will argue about anything. There is some interesting stuff. I would check out anything. As I've posted before legal, investment, even lawn care I would check out anything, even my posts, Before acting. |
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