Let’s take a look. When is the first mortgage payment due? The due date for your initial mortgage payment depends on the closing date, and it’s usually more than 30 days away.

The payment date is generally on the first of the month after a full month past the closing date. So, whether you close on September 2 or September 15, your payment would be due on November 1.

Typically, experts recommend you spend no more than 28 percent of your gross monthly income or 25 percent of your net monthly ...

The payment on our 30-year fixed-rate mortgage was increasing by $106 a month, jumping to more than $2,789. As homeowners, we're used to budgeting a set amount toward paying off our home loan each ...

Keeping up with your mortgage payments can be a challenge, but Arizona Central Credit Union has several tips to get you on ...

If you are facing the potential of missing a mortgage payment due to a natural disaster, your first step is to proactively contact your mortgage servicer. The mortgage servicer is the company you ...

For example, if your mortgage is $350,000 with a 20% downpayment and a 6% interest rate, your monthly mortgage payment would be about $1,678, before other costs like taxes and insurance.