Escrow Account Calculator

Calculate escrow account for real estate investments and properties

How it works

Enter annual property taxes and insurance costs. The calculator divides by 12 to show monthly escrow amounts the lender collects with your mortgage payment.

Example

With $6,000 annual property tax and $1,800 annual insurance, you pay $650/month into escrow ($7,800 รท 12).

FAQs

To ensure property taxes and insurance are paid on time, protecting their collateral. Some lenders waive escrow requirements with 20%+ down payment.

Sometimes, if you have 20%+ equity and good credit. You'll need to pay taxes and insurance directly and may pay a slightly higher rate.

Lender recalculates monthly escrow payment annually. You may need to pay a shortage if taxes increased significantly, or receive refund if overpaid.