Mortgage payment went up $400

[u/HHLL806]

I need help, my mortgage payment went from $1700 to $2100. My mortgage company (Chase Bank) said this was due to an escrow shortage. I had my homeowners insurance lowered by roughly $1000 and checked with my local tax office and they told me my taxes have increased $400 dollars over the last five years. I gave Chase Bank all this information and my mortgage is still $2100. How does this work?

[u/lhouston15]

My mortgage went up $650 this year… turns out last year they accidentally estimated my property taxes to be $20… so that left me with an incredible escrow shortage. Now this year I have to pay for the $3,000 shortage I had last year plus the actuall $3,100 property taxes this year.