Submitted by NachoDog1000 t3_z8gq02 in personalfinance
darklegion412 t1_iyd8kp8 wrote
Reply to comment by NachoDog1000 in $600 Mortgage Payment Increase??? by NachoDog1000
In the beginning of my mortgage, first 2-3 years, they couldn't properly predict my property taxes (sometimes predicting $0 in a quarter) and had wild swings in escrow amount. Started with a $6000 refund year 1, then lowered the monthly amount, then went high with a $400/month increase.
Next year it should go back down a bit and settle out for the future.
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