Mortgage lenders for truckers….

I forgot to mention the insurance in that. Insurance really gets me upset since they changed the laws here in PA you are getting robbed ten ways from Sunday by the over estimation of property value and to stand any chance of keeping them at bay you have to bring in a professional estimate and be willing to change insurance companies at least every two years if not every year. As far as escrow I only had one property with insurance tied into the escrow and that was years ago under the old insurance laws and that policy never went up for the entire time I had the mortgage.

 

You do not understand the difference between mortgage payments and taxes ?

You’re utility bill is gonna go up too ,
I guarantee it .
Same with insurance .

the ONLY thing that won’t increase is the mortgage payment .

 

I understand it just fine.

No matter how you analyze and define it. It's all included in one payment. And still goes up.

 

It’s not always included in one payment .
Mine is not .
I pay my taxes separate from the mortgage.

some mortgage lenders want it included and some do not .

taxes always go up .
The govt is never satisfied , and will never be satisfied until they have stolen every single dollar we have and handed it out to someone else to buy their vote .

 

Most cases you can pay the difference when the taxes are going up and keep the same monthly payment for the rest of the year. I have done that as well.

 

I’ve had 3 mortgages in my life and I’ve never had taxes and insurance rolled in with it, I always chose to pay them on my own.

 

I've had at least as many and always had taxes and insurance included. There's no interest paid and it's like paying it once a month rather than once a year. Plus, I didn't have to fool with it.
Now that my house is payed off, I get to look forward to both at the end of the year. Yea me.....

 

I get what you’re saying, but the flip side is if you want to shop around and change insurance carriers then it’s a lot easier when you don’t have to get the mortgage company involved. I tend to price shop my home and vehicle insurance yearly because I’m cheap and always looking for a deal. Lol

 

I do the same.
I had my house insured with one local company and I wanted to bundle it with Progressive and move it to my local people because they had been good to me. Progressive said no, my local girl said I'll hook you up. She did and I'm saving about $400 a year....maybe more.
But, your overall thought was absolutely correct. One needs to examine and shop their monthly bills from time to time. I'm getting ready to change my phone plan that will save me $15 a month (read, free 12 pack every month). It doesn't sound like a lot, but it add up over time.