Why Did My Mortgage Payment Change? PITI, Escrow and Shortage Letters

Why Did My Mortgage Payment Change? PITI, Escrow and Shortage Letters

Why Did My Mortgage Payment Change? PITI, Escrow and Shortage LettersPhil Accardo
Published on: 19/09/2026

A fixed-rate payment still moves because York County taxes and insurance run through escrow. Here is how PITI works and how to read the shortage letter.

york countymortgageescrowPITIproperty taxeshomeowner finance
Read more
Does One Extra Mortgage Payment a Year Really Matter?

Does One Extra Mortgage Payment a Year Really Matter?

Does One Extra Mortgage Payment a Year Really Matter?Phil Accardo
Published on: 19/09/2026

Yes. On a $280,000 loan at 6.76 percent, one extra payment a year cuts six years and about $88,600 of interest. Here is the math, and the free way to do it.

york countymortgageextra principalbiweekly paymentsamortizationhomeowner finance
Read more