Your monthly bill isnt actually set in stone.

just sharing this because it catches so many people off guard. You sign for a fixed rate and think the monthly bill stays the same until the end. but the escrow part for taxes and insurance moves around. if the insurance company decides to climb or the county wants more taxes the lender has to shift the monthly cost to cover the hole.

obviously every state has different tax rules and some insurance markets are more chill so ur experience will vary. definitely check your regular statements closely so u dont get bill shock later.

at what point do we stop calling it a fixed rate lol. i feel like i'm just waiting for the next bill to jump. which hit ur payment harder... the insurance or the taxes?