http://www.zillow.com/advice-thread/If-I-close-at-the-end-of-July-then-when-would-my-first-mortgage-payment-be-due/252617/ Zillow Advice | Zillow Real Estate http://www.zillow.com/advice-thread/If-I-close-at-the-end-of-July-then-when-would-my-first-mortgage-payment-be-due/252617/ If I recall right, they typically have you pay in escrow 1 full month, plus the partial. So the partial of July, and August are paid. Your first payment would be Sept 1. All this is based diff with each bank, but this is the common scenerio. Sat, 04 Jul 2009 01:09:00 GMT http://www.zillow.com/advice-thread/If-I-close-at-the-end-of-July-then-when-would-my-first-mortgage-payment-be-due/252617/ 2009-07-04T01:09:00Z