Скачать или смотреть Why Your Mortgage Payment Rises: Insurance & Taxes Explained

Have you noticed your mortgage payment going up every year? In this video, we’ll explain why this happens and what role homeowners insurance and property taxes play in these increases. We’ll break down how your mortgage escrow account works, and how these changes can affect your monthly payment. Whether you’re a first-time homebuyer or a seasoned homeowner, understanding these factors can help you plan for future increases. Don’t miss out on this essential info to keep your budget on track! For more information Call/Text (480) 214-2823

00:00 Introduction to Mortgage Payment Variations
00:01 Understanding Fixed Rate Mortgages
00:36 Impact of Taxes and Insurance on Payments
00:50 Example Scenario: Homeowner's Insurance
01:40 Handling Insurance Increases
02:30 Property Taxes and Payment Adjustments
02:45 Tips to Manage Payment Changes
03:37 Conclusion and Contact Information