The projected payments table shows how your payment may change over the life of the loan. Each column covers a span of years and splits the payment into principal and interest, mortgage insurance and estimated escrow. A new column usually means something changes, such as mortgage insurance ending or an adjustable rate resetting.
Last reviewed against the primary sources listed below.
Look for
When mortgage insurance drops off.
Whether escrow is included.
Ranges that signal an adjustable rate.
Questions people have with the form in hand
Why does my Loan Estimate show more than one payment?
Because something changes over time, such as mortgage insurance ending.