The Cost of Overpayment
Higher House
Payment
Monthly Payment: You can reduce your monthly payment by lowering your property tax bill.
Have Less Money for Savings
Debt Reduction: Paying down debt faster could free up money for your financial future. Investments: Extra funds could be invested to grow your wealth over time.
Higher Taxable
Value
Taxable Value: The sooner you have Exemptions in place, the slower the Increase in annual valuation will occur and the less that Property Tax bill will become.
Less to Invest in Your Future
Overpaying on your Property taxes doesn’t just mean you have less money in your pocket; it can also affect reaching your financial goals.
