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Please help if you can! Do we stay or go???

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Money Talk > Real Estate

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MrNewEngland
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Cash: $ 20.45

Posts: 96
Joined: 04 Nov 2009
Location: The QC
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I wonder if the $700/month "savings" is from the refi and the new loan doesn't have an escrow for the taxes. In the OP's first post she said something about the $700 saving would include taxes. I thought this was odd since taxes won't change based on a mortgage.

You should look into this. If you're counting $275/month not going to an escrow as savings you will be in for a rude awakening at the end of the year.
Post Wed Nov 06, 2013 4:59 pm
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