So our mortgage jumped up $250 a few months ago. Nothing changed except our taxes went from 1200-2400. Using a calculator with our interest rate. Insurance ,Property tax and pmi our payment should be 2313 a month but we are getting charged 2,540. They valued our home from 80k to 160k that’s why our taxes doubled to 2,400. Are they charging us as if it will double again this year? Just trying to understand where 250 extra a month is going. Will we get it back if it doesn’t double again ?
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source https://www.reddit.com/r/RealEstate/comments/1sg5p47/mortgage_is_250_over_what_it_should_be/
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