FHA Streamline
When is my first payment on the new mortgage due?
Typically the 1st of the second calendar month after your new loan closes.
Mortgage interest is charged in arrears, so most new loans — including FHA Streamlines — have a first payment due on the 1st of the month following a full month of interest accrual. In practice this generally means your first payment lands on the 1st of the second calendar month after closing. Use the calculator to see your estimated date based on your own expected closing date.
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