Once again Wells Fargo has decided that I have an escrow shortage. Not only do I have an escrow shortage, but my mortgage payment is also going up by $5 a month even if I pay the shortage. (I already paid the $79.40 shortage). Having a mortgage sucks.
I would really like to have enough money to pay off the entire mortgage, however, for now all I can go is pay an extra $110 a month on the principal. I have a 87.7% loan to value ratio. My PMI is scheduled to drop off on 9/1/20. I hoping to get under 80% by sometime next year.