Current Events > Why did my mortgage payment randomly go down??

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lww99 07/27/18 11:46:05 AM #1:	It looks like the escrow/impound went from $320 to $268 We've been there for a full year, not sure if that's related. Internet said it might be due to the assessed tax value of property going down, can I check this? Any ideas would be cool --- http://i65.photobucket.com/albums/h239/nhottbarbwire/owningroad_zps2333f502.gif <cite>lww99 posted [p:905808686] in Why did my... [t:76846393]...</cite> <quote>It looks like the escrow/impound went from $320 to $268 We've been there for a full year, not sure if that's related. Internet said it might be due to the assessed tax value of property going down, can I check this? Any ideas would be cool</quote> ... Copied to Clipboard!
ConfessPlease 07/27/18 11:47:10 AM #2:	Every year taxes and house insurance change due to new rates/taxes . Your fixed loan probably didn't change. I would be surprised if it didn't change a little each year. It should say on your statement or online account. You might have overpaid taxes last years now they decreased this year I had the opposite situation. --- The Heart Wants What It Wants <cite>ConfessPlease posted [p:905808729] in Why did my... [t:76846393]...</cite> <quote>Every year taxes and house insurance change due to new rates/taxes . Your fixed loan probably didn't change. I would be surprised if it didn't change a little each year. It should say on your statement or online account. You might have overpaid taxes last years now they decreased this year I had the opposite situation.</quote> ... Copied to Clipboard!
stone 07/27/18 11:48:03 AM #3:	You can call them to make the same payments as before, so you end up paying it off faster. --- PONG WAS REAL? I thought that was just a story parents told kids to scare them <cite>stone posted [p:905808778] in Why did my... [t:76846393]...</cite> <quote>You can call them to make the same payments as before, so you end up paying it off faster.</quote> ... Copied to Clipboard!
The Trent 07/27/18 11:49:00 AM #4:	ConfessPlease posted... Every year taxes and house insurance change due to new rates/taxes . Your fixed loan probably didn't change. this --- i swear to God most of y'all cats just don't know The Trent you barely know yourself so i guess most of y'all should be offended <cite>The Trent posted [p:905808824] in Why did my... [t:76846393]...</cite> <quote><cite>ConfessPlease posted...</cite> <quote>Every year taxes and house insurance change due to new rates/taxes . Your fixed loan probably didn't change.</quote> this</quote> ... Copied to Clipboard!
lww99 07/27/18 11:53:36 AM #5:	Yeah it looks like my interest rate is the same. I'm looking at my statement, and the only thing that has changed is the escrow/impound category --- http://i65.photobucket.com/albums/h239/nhottbarbwire/owningroad_zps2333f502.gif <cite>lww99 posted [p:905809073] in Why did my... [t:76846393]...</cite> <quote>Yeah it looks like my interest rate is the same. I'm looking at my statement, and the only thing that has changed is the escrow/impound category</quote> ... Copied to Clipboard!
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