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Old 07-14-2005, 03:35 PM
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Join Date: Jul 2005
Posts: 5

Last Mortgage Payment

What is the name of your state? Minnesota

I sell my house next month and the closing is set for the 12th. Do I still need to make my mortgage payment for august? Ive asked the mortgage company before, and they said yes, because you owe the interest on the loan for the previous month. They said if you dont make the payment it could messup the closing and they will go after you to get the payment anyway. is that true?
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Old 07-18-2005, 12:47 PM
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Join Date: Jan 2002
Location: Northern Illinois
Posts: 40
The final payoff amount of the mortgage will reflect any differences between the Aug payment or not.

Is that payment due within your grace period?
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