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# How are the Non-Escrowed Property Costs over Year 1 and Non-Escrowed Payment amounts calculated?

Non-Escrowed Property Costs over Year 1 is the sum of all property costs that have been identified as Waived or Non-Escrowed in the Property Costs table. You should only enter those Waived or Non-Escrowed property costs that occur during the first year after consummation in the table.

The Non-Escrowed Payment is calculated by taking the Non-Escrowed Property Costs over Year 1 and dividing this amount by the selected Payment Frequency from the Terms of Loan section. This amount is then rounded to the nearest $0.01.

You are able to include an amount that is different from the calculated Non-Escrowed Payment amount by selecting Override Calculated Non-Escrowed Payment. Note that if you select Override Calculated Non-Escrowed Payment and later make edits to your Waived or Non-Escrowed property costs in the Property Costs table, the amount that you have manually entered will be retained. If you wish to use the calculated amount, unselect Override Calculated Non-Escrowed Payment.