<prompt> Human: Monthly mortgage payment went up 540 per monthI have owned my home for 1 year and have been paying 2,757.66 per month for the past 12 months. I just received a notice in the mail informing me that my new monthly payment is going to be 3,298.22 540.56 difference. After calling the mortgage company these are the reasons stated: Escrow shortage of 3,700 that we need to pay for the next 12 months which equals 290 per month. Adjustment due to increase of property taxes of 3,007 per year which is 250 per month for our escrow.Principle and interest is 1,866.44 of which 631.62 is currently going to principle.It seems unreasonable for me to be paying 3,298.22 per month and only 631.62 is going to principle!!So my questions:1. Is it reasonable for my monthly payment to go up 20 for the reasons above? 2. I have a reasonable emergency fund Tks PF!. Should I pay the escrow shortage with that? Am I being charged interest on the shortage?3. Should I stop paying into escrow and just pay my own property taxes at the end of the year? Am I paying interest on this?Thank you in advance!My PF throwaway. :  <response>: Yes this sounds normal if your property taxes did in fact increase this much.. Sounds like you have almost a half million dollar mortgage. Principal portion of your payment also makes sense since you are only 12 months into the mortgage. This will increase over time. Generally getting out of escrow is better. Pay the taxes yourself if you can work with your lender to get out of escrow usually you need at least 78 LTV for this. A lot of municipalities offer discounts for paying property taxes in full before the due date, something you are not afforded if you escrow. 