Wow friends, way to knock the fellow down for nothin.
This^
re:the OP. Does that $700 a month count insurance and your escrow as well? My sister wasn't paying attention when she bought her....at least her second, if not third home (not 3 total, 1 at a time) and her mortgage guy didn't put the escrow/insurance part into her loan paperwork. Tax time comes and they were up sh**t creek. You don't have to have it as part of your loan payment, but you need to know if it's not so you can prepare throughout the year.
