[NoteSmith user: The text of this boilerplate BP-ESCR_ANA.TXT needs to be kept short--about 8 lines--so it fits within the space allocated and keeps your report to one page. Modify it from Tools, Text Editor, Open. Do NOT include these directions for customer printouts.]

Include an explanation that the interest rate does not change, nor does the amortization of the loan balance. Explain that any change covers the expected amount of annual tax and insurance bills, including any overage or shortage of escrow balance on hand.