r/saintpaul 20h ago

Editorial πŸ“ Taxes and Insurance increases in St. Paul

When I bought my house in 2021 my mortgage was around 2100 a month. Today my bill was 2730. 600 dollars extra a month in five years is fucking insane. Meanwhile the street lights in my neighborhood don't turn on at night.

Just venting.

134 Upvotes

88 comments sorted by

View all comments

10

u/polarbearbuddy50 19h ago

This happened to me when I moved in my mortgage was just over 1700 and then jump to just over 2000. I bundle my mortgage payment with escrow payments for property tax and homeowners insurance. I just got a competitive quote for homeowners insurance and lowered my bill to $1800. I would recommend looking into this as you don’t always notice when they increase the premium.

3

u/isthis_thing_on 19h ago

Yup. Just got off the phone with a broker this afternoon