5d • Pilot Ops
Did Your Mortgage Payment Just Jump for No Reason?
If your payment suddenly went up and your rate didn’t change, it’s usually not a scam.
It’s often your escrow account.
Your monthly mortgage payment often includes:
- Principal
- Interest
- Property taxes
- Homeowners insurance
When taxes or insurance go up, your escrow account may come up short.
The servicer has two choices:
- Ask you to write a lump‑sum check, or
- Spread the shortage (plus new higher estimates) over the next 12 months
That’s when payments jump.
What you can do:
- Ask for the escrow analysis
- Shop your insurance if it spiked
- Sometimes you can choose to pay the shortage upfront to reduce the monthly bump
Has your mortgage payment ever jumped unexpectedly?
What happened in your case?
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Did Your Mortgage Payment Just Jump for No Reason?
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