Legal Question in Real Estate Law in Texas

I have a home here in Houston. Currently the amount my statement is showing $62,175, over the next 9 years. I pay $614 a month, which includes $281 in interest and then additional $231 that goes towards escrow. I called the mortgage to inquire what would be the amount if I pay the loan off today versus over a period of 9 years, which would erase future interest and escrow. They are telling me I still have to pay $62K. This can't possibly be correct. I am seeing that they have a ton of complaints online with the BBB ...


Asked on 1/04/16, 10:24 am

1 Answer from Attorneys
Joseph A. McDermott, III Attorney at Law

How much did you borrow initially? When? Do you have copies of the note and deed of trust (mortgage)?

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Answered on 1/04/16, 3:26 pm


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