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.
You are beginning with a 30 year mortgage. At your first mortgage payment adjustment, your mortgage payment is based on a 30 year amortized loan wtih an interest rate of 5.375%. At your second adjustment, your loan is calculated on a on 29 year amortized loan at the new higher mortgage rate.