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I am looking at the 'Escrow Details' on my mortgage and the "Last escrow analysis date" is listed as as 05/01/15. Obviously that date has yet to come. So what does this date represent?

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  • Is it a relatively new mortgage? Then it might be the date of the first escrow analysis, reviewing the first year of the mortgage.
    – mkennedy
    Mar 19, 2015 at 20:09
  • @mkennedy I closed on the mortgage January 2013
    – Antarr Byrd
    Mar 19, 2015 at 20:32

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Every once in a while, the lender will change the amount of your escrow payment. So, for example, if your property tax goes up next year, the bank will raise your escrow payment accordingly.

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  • That is not really the question. I understand what it represents but I cannot understand why that date that is being listed had yet to pass.
    – Antarr Byrd
    May 4, 2015 at 14:27
  • Since it's a new mortgage, there probably hasn't been an escrow analysis yet. So I'd guess that they're listing when they plan to do your first one in that field.
    – Cody
    May 5, 2015 at 14:51

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