10/15/2026
π¨π‘ BUYERS: YOUR MORTGAGE PAYMENT IS MORE THAN PRINCIPAL & INTEREST!
π MORTGAGE TERM: ESCROW ACCOUNT
Your lender may collect money monthly to pay:
π° Property taxes
π Homeowners insurance
QUICK EXAMPLE:
Mortgage principal & interest: $2,500
Taxes & insurance: $600
Total monthly payment: $3,100
π‘ BUYER TIP: Even with a fixed-rate mortgage, your total payment can change when taxes or insurance costs change.
π Mustang Real Estate β Moving You Forward
π© Message me βBUYERβ to explore your homebuying options in Murrieta & Temecula!
π Did you know this? YES or NO?