Home › Forums › Financial Markets/Economics › Paying off Mello Roos › sdnerd wrote:Interesting
[quote=sdnerd]Interesting discussion.
I called today to get rough numbers for a 4S property.
4S is in the process of adding more debt to the bonds, so you can’t do a payoff (they won’t have exact numbers) until middle of this year.
The estimate was $60-70K payoff for something that is currently at ~$5,600/year.
Worth considering.[/quote]
That would make the current rate around 7.5%. Not quite as high as the 9.3% from paranoid’s MR. Prob a different tract with a different CFD?
