P
Principal
Amount borrowed
to buy your home
⇑
Payment goes toward
⇓
⇓
⇓
⇓
Your House
T
Taxes
⇑
Payment goes toward
⇓
A lender-managed account that pays recurring costs from the money held here
⇓
Local Gov’t
I
Insurance
⇑
Payment goes toward
⇓
Escrow Account
A lender-managed account that pays recurring costs from the money held here
⇓
Insurance Co.
Contact us today to explore your financing options and advance toward your dream home!
- by Northeast Financial
- on February 4, 2022
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