Debt|Done|Date.

The Debt|Done|Date. Blog

Plain-language guides on getting debt-free faster.

Topics All amortization budgeting cash flow debt avalanche debt payoff debt snowball emergency fund escrow heloc home equity home finance home loans home ownership money habits mortgage mortgage acceleration personal finance principal payments refinancing velocity banking windfall
Escrow, Explained: Why Your Mortgage Payment Keeps Changing
May 25, 2026

Escrow, Explained: Why Your Mortgage Payment Keeps Changing

Your mortgage payment went up — but your interest rate didn't change. Here's what escrow accounts actually do and why your payment shifts every year.