Submitted by NachoDog1000 t3_z8gq02 in personalfinance
juggernautpanda t1_iyblbih wrote
Reply to comment by Mysunsai in $600 Mortgage Payment Increase??? by NachoDog1000
This is a perfect explanation, also the escrow company will a times require a "cushion" in the account. Like explained above your payment will normalize once they hit the target amount with cushion. Happen to me last year
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