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Updated over 7 years ago on . Most recent reply

User Stats

16
Posts
4
Votes
Rob Tossberg
  • Los Angeles, CA
4
Votes |
16
Posts

Question: Do I want taxes and/or insurance on monthly payment?

Rob Tossberg
  • Los Angeles, CA
Posted

Hi Everyone!  I'd be grateful for advice on this question from my lender:

My lender is asking:  Do you want taxes and/or insurance to be included in the monthly payment?

Most Popular Reply

User Stats

89
Posts
43
Votes
Vinod Dasani
  • Investor
  • Sugar Land, TX
43
Votes |
89
Posts
Vinod Dasani
  • Investor
  • Sugar Land, TX
Replied

@Rob Tossberg - I usually dont Escrow.  By not including the taxes and insurance to my mortgage it gives me more cash flow through out the year.  I would suggest including taxes and insurance for those who arent good at managing money so that at the end of the year they dont have to scramble.

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