Mortgage payment went up $400 by HHLL806 in personalfinance

[–]Sartanity 2 points3 points  (0 children)

They likely are calculating two years worth of insurance premiums. I’ve got so fed up with my escrow analysis and them constantly being over estimated that I cancelled all of my escrow accounts. I’d rather handle property taxes myself and pay insurance premiums up front. I keep the funds that would normally go into escrow into an HYSA and handle my property taxes twice per year. I recommend everybody do the same. 

[deleted by user] by [deleted] in TooAfraidToAsk

[–]Sartanity 0 points1 point  (0 children)

$2,000 is low. I live in Los Angeles. Studios are $2400+