Changes in the cost of homeowners insurance or property taxes can affect the division of mortgage-related assets in the following ways 

 Escrow accounts, which are required by most lenders, will adjust the escrow payment estimate yearly to reflect any changes in taxes and insurance premiums.

 Changes in property taxes and insurance premiums can cause changes in monthly mortgage payments.

 Increases in property taxes and insurance premiums can be caused by inflation, home renovations, changes in the home's assessed value, changes in the physical location of the home and changes in how the property is used.

 Decreases in property taxes and insurance premiums can be caused by a decrease in the home's assessed value or a change in how the property is used.