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Our Escrow Account

These are the items we escrow each year:

Van registration fees 329.50
Car registration fees 116.50
My life insurance premium 295.00
Gym membership 104.86
Auto insurance premium 1,006.90


Total annual amount is $1852.76
Total monthly amount is $154.40
Draft amount twice per month is $78.00

I have this money auto drafted from our primary checking account into our second account that I call Escrow and Slush.

I generally review our escrow account once a year in October when auto registrations renew. If there is a significant change to any of these during the year, I would adjust at that time.

Last adjusted November 2009.