this post was submitted on 24 Aug 2024
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What happened? Take me back (lemmy.world)
submitted 3 months ago by return2ozma@lemmy.world to c/memes@lemmy.ml
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[โ€“] Tash@lemmy.world 10 points 3 months ago (1 children)

Yes, your escrow can go up that much if your property tax, school tax, or in some cases insurance had a sudden jump in value or changes in what can be claimed. It varies by area and loan, but isn't unheard of.

[โ€“] expatriado@lemmy.world 4 points 3 months ago

interesting, based on Zillow info my house doubled in price in the last 5 years, but my escrow only went up $20 in that time, mostly insurance, don't tell my county tho ๐Ÿ˜‚