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Ouch

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:

  1. The moratorium is only three months. In other words, it’s already over.
  2. 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.)

Published inFinancial ShitKatrinaOur House

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