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.
At the first closing, you will receive possession of the property and pay the down payment to the seller. Then, you will make regular installment payments (monthly or quarterly) throughout the contract term (usually five years or less). At the end of the term, there will be a second closing.