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Automatic-Meeting-29 t1_ixxte14 wrote

You pay interest on those like extra 14days it’s like a couple cents or dollars it’s not a lot but it does accumulate. Within the 15 days. I use to work for mr Cooper. The risk you run is let’s say your payment does go through it is a late charge. Also you don’t seem to find out till a couple days after.

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dwinps t1_ixyolk8 wrote

Mortgages are no usually simple interest loans, doesn't matter if you pay 10 days early or 10 days late, the interest is based on the due date not the date you pay.

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