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what date to pay mortgage payments?

RickyJ
Posts: 14 Forumite
I've noticed on mortgage applications they ask for:
What date would you prefer to pay your mortgage? (between 1st and 28th) *
I'm applying for a fixed rate mortgage. Does the date that i choose to pay my mortgage montly (between 1st and 28th)increase or decrease my mortgage payments?
What date would you prefer to pay your mortgage? (between 1st and 28th) *
I'm applying for a fixed rate mortgage. Does the date that i choose to pay my mortgage montly (between 1st and 28th)increase or decrease my mortgage payments?
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Comments
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I've noticed on mortgage applications they ask for:
What date would you prefer to pay your mortgage? (between 1st and 28th) *
I'm applying for a fixed rate mortgage. Does the date that i choose to pay my mortgage montly (between 1st and 28th)increase or decrease my mortgage payments?
Not after the first month, no.
Most people select a date a couple of days after their payday.0 -
The first payment will vary depending on when the second payment and subsequent are but other than that it makes no difference.0
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Thanks for responses!0
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