• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Part III: Financing Your Home and Car > Understanding Escrow Accounts

Chapter 11. Understanding Escrow Accounts

IN THIS CHAPTER

Escrow Is for Taxes and Insurance

Canceling Your Escrow Account

The Escrow Cancellation Calculator

Almost every mortgage comes with an escrow account for payment of taxes and insurance. Although an escrow account can be a convenience, it is not without its costs. This chapter explains what escrow accounts are, how they work, and how you might be able to save money by doing without one.


PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint