Just got off the phone with our mortgage company, US Bank. Right after the storm they told me we’d have a six-month moratorium on payments. But I just learned two important points:
- The moratorium is only three months. In other words, it’s already over.
- They want those three months paid back over the next six months. In other words, our monthly payment just went up by 50%.
We can roll with it, but still I have to say: Ouch!
(Thanks to Andrea for giving me the heads up on this issue yesterday, so I wasn’t completely blindsided.)