Set up and track a home mortgage escrow account
To set up a home mortgage escrow account in Money:
  1. On the File menu, point to New, and then click New Account.
  2. Choose Other account type, and then click Next.
  3. On the Choose an account type page, choose Other, and then click Next.
  4. Choose Track transactions and other details, and then click Next.
  5. In the Account name box, type Escrow Account.
  6. To add the remaining account information, follow the instructions on the screen.
To include escrow payments in your mortgage payments:
  1. Click Banking, and then click Account List.
  2. Right-click the mortgage account in which the payments occur (not the escrow account), and then click See Account Settings.
  3. To start the Change Loan Wizard, click Change Loan Terms, and then click Next.
  4. In the dialog box asking What part of your loan do you want to change, choose Other Fees, and then click Next.
  5. Enter an effective date (the date you start making escrow payments), and then click Next.
  6. In the dialog box asking Are other fees associated with this loan, click Other Fees.
  7. In the Category list, choose Transfer: Escrow Account.
  8. In the Amount column, type the amount that you want to add to the mortgage payment, and then click Done.
  9. Click Next, and then click Finish.
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