<prompt> Human: So I just got a letter in the mail that they miscalculated the amount of money they were putting into escrow for our mortgage payments for the last year, and to make up for it and to add more for the next year, we will need to pay an additional 1200 a month on our mortgage. Do I need to suck it up and just pay it for the next year or are there other things I should be looking at as well?Thanks in advance for any help.Edit: interestingly enough, around this time last year they said I had too much in escrow and lowered my payments to what they are now 1400ish. That was only a minor decrease though.Edit2: thanks to ufalling_grace. Since it is a new build it seems they took into account the taxes on the property without the house, which is what we paid last year and is significantly less. Because of that, there wasnt enough in escrow to cover the new amount so I need to pay that as well as the increase to give the account enough cushion for next year. Thanks everyone for your help and good ideas! Assistant: Review your escrow statement and what it pays for. Your taxes or insurance changed. So yes, you have to suck it up.Your PI is surely the same, but if the other expenses changes its either in your mortgage payment for escrow or, if they will let you, you can pay for that yourself. But its going to add up to the same thing.You really should check on what went up so much. Perhaps your insurance? If so, its time to shop around. Your property taxes? Maybe its time to call the county and ask whycontest a reassessment.Human: I think you are right, Im going to dig into these numbers and call them to have them explain it. Im sure they have it right, just want to make sure Im not skipping over anything I should be doing to avoid this kind of situation.  <response>: Im sure they have it rightThat is terrible assumption. Mortgage lenders get this wrong constantly. Just last year I had to call and argue with my lender because they said my property taxes were triple what the county said they are. 