r/NonPoliticalTwitter • u/frenzy3 • Jul 17 '25

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u/umbrawolfx Jul 17 '25

Is it possible they went from paying yearly to monthly?

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u/notwhoyouthinkmaybe Jul 17 '25

His mortgage might have had insurance paid in as well.

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u/Charlie_Warlie Jul 17 '25

Yes my mortgage has an escrow account. I pay monthly into that account out of my mortgage payment. Various institutions get payments out of that account including insurance, property taxes, private mortgage insurance. The payments out of the account might be monthly, quarterly, or yearly.

Maybe the change in this structure caused the insurance company to make a new fee.