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Personal Finance (Not Investing) • Bogleheads approach to making mortgage payments?

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For those who declined to escrow, what kind of bank account do you use to make mortgage payments? I'm considering using a savings account like Ally or CIT, both of which have a relatively high APY. They have monthly withdrawal limits, but I would not use these accounts for anything but mortgage, home owners and flood insurance (annually) and property tax payments (twice annually).

Any other tips for this first-time home owner would be well received and appreciated!

Statistics: Posted by panpsych — Wed Aug 21, 2024 8:28 am — Replies 7 — Views 373



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