The first mortgage payment is usually due a full month after your closing date — on the first day of the month. When you make mortgage payments, you’re paying for the previous month, not the current ...

Paying your mortgage on time is good for your financial health in many different ways, including helping you build equity in your home and improving your credit score. Here’s an overview of the ...

To find the due date of your first mortgage payment, add 30 days to your closing date, then find the first day of the following month. When you make mortgage payments, you’re paying for the previous ...