1 100 Minecraft Getting Story-Driven Series from Telltale GamesMinecraft: Story Mode -- A Telltale Game Series coming in 2015 to consoles, PC, and mobile devices.
After closing, your first mortgage payment comes due one full month after the last day of the month in which your mortgage closed. Using the April example again, if you close April 15 or April 29, your first mortgage payment is due on June 1.
This loan was closed in early August, but the first payment isnât due until October. This phenomenon occurs because mortgages are paid in arrears, not in advance, meaning payment is made at the end of a certain period, such as one month.his differs from monthly rental payments, which are paid in advance for the month they cover; if you rent a property, your payment due on say August 1st covers the month of August. Itâs gets tricky when you start making mortgage payments, as the start date of your first payment is determined by your closing date.