Last month, my mortgage company informed me that my monthly payment was set to jump another $60. Since I have a fixed rate, the only factor that could cause an increase in my bill would be the escrowed property/school taxes. My wife and I currently have no children, so I'm not clear on why I have to pay a full school tax bill? I wouldn't mind paying half of my school taxes since the value of the my home increases with the quality of the schools. Since I have no children, I feel it's a bit excessive to pay money for services I'm not getting. Are you childless and paying school taxes? Let me know how you feel about it.
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