How long after closing, before my first mortgage payment is due?

I am closing on a house in the next week in Illinois. I am planning on spliting up my mortgage payment into a bi-monthly payment. Any ideas as to how long after closing before I have to make my first payment?

3 thoughts on “How long after closing, before my first mortgage payment is due?”

  2. Biggie @ Arbor Mortgage

    If you are closing next week, your payment will be due in September. Also, I think you mean making the mortgage payments bi-weekley? (twice a month) You can’t just do that though, you have to make sure the lender allows for this. You can’t just split up your payment in 2 & send it into them. You must get approval!

  3. estielmo

    You will usually pay the balance of the current month and owe on the first of the next month.

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