What is the Lowest Projected Balance?
When an analysis is performed, your escrow account is evaluated to see if there will always be enough money to cover your escrowed bills. The Lowest Projected Balance is calculated by taking your beginning escrow balance, projecting in monthly escrow payments, and then subtracting tax and insurance payments when they are due. Step 2 of your step by step analysis shown on your printed Escrow Analysis statement will help to explain the totals for your account.