Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 5 years ago on . Most recent reply

User Stats

52
Posts
6
Votes
Chris Igard
  • San Antonio, TX
6
Votes |
52
Posts

Should I pay my mortgage the month I’m selling?

Chris Igard
  • San Antonio, TX
Posted

We close on the 28th of the month and I’m wondering what’s the point. Our mortgage is late after the 15th of the month. I realize we will incur a late charge and if it doesn’t close on time we are taking the risk of it going past 30 days but aside from that what’s the benefit? 50 percent of the mortgage goes to interest right now. Thanks

Loading replies...