me_irl

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me_irl (lemmy.today)

submitted 2 weeks ago by sanitation@lemmy.today to c/me_irl@lemmy.world

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[–] UnderpantsWeevil@lemmy.world 2 points 2 weeks ago

You typically escrow your property tax payments based on an estimate from your mortgage lender.

So, if you were paying $1200 in taxes last year and $1320 this year, the extra $120/year (aka $10/mo) would get tacked onto whatever you're paying the mortgage lender.

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