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# How do I add escrow property costs?

You can escrow property costs when you complete transactions with a repayment method of installment or amortized balloon/balloon and use a payment frequency of Monthly or Every Other Week. The ability to escrow on a transaction with an interest only or single payment repayment method, or with a payment frequency of annually or quarterly is not supported at this time. Escrowing of property costs is supported during the permanent phase of construction with permanent financing transactions.

To escrow a property cost, select 'Escrow account established and required' or 'Escrow account established and optional' from the Escrow Account Type. Then, select Escrowed along with the Description, Amount, Frequency and Payment Date(s). If the property cost is one that is normally escrowed, but you are allowing the borrower to pay the cost outside of the escrow/impound account, select Waived.

There is no limit on the number of escrow items that can be added to the transaction. However, the Closing Disclosure limits the number of escrow items to Homeowner's Insurance, Property Taxes, Mortgage Insurance, and 5 other items.

Escrowed Private Mortgage Insurance (PMI) will have a row in the Property Costs table with a description of Mortgage Insurance. This escrow item will not be editable in the table. To change the escrowed PMI, make the appropriate changes in the PMI section.

Click Calculate to update the Calculation Results, Fees, Reserves Deposited with Lender and Initial Escrow Schedule based on changes to the escrow items.