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Mortgage Increased by $2,000/month. Escrow Shortage?
Mortgage Increased by $2,000/month. Escrow Shortage? Apologies in advance for the lengthy post, I appreciate any help on this. So we purchased our house at the end of 2021 (first home). We have been paying $3,500 a month for our mortgage, of which $2,500 goes to principal/interest and just under $1,000 goes into escrow for property tax, homeowner’s insurance, and mortgage insurance. We just receiv...
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