This depends on when you close your home loan and if you pay prepaid interest at closing.
For example, if you close late in the month, chances are your will be due in just over 30 days.
Conversely, if you close early in the month, you might not make your first payment for nearly 60 days.
That can be nice if you’ve got moving expenses and renovation costs to worry about, or if your checking account is a little light.
