Definition of opponent for English Language Learners. : a person, group, etc., that is against something (such as an action, law, or system) : someone or something that does not want something to exist, be done, etc.
Generally, your first mortgage payment is due on the 1st day of the 2nd month following your closing date. For example, if you close in February, your first mortgage payment will be due on Aproil 1st. Generally speaking of course.
This includes loan amount, interest rate, payment and maturity date. The maturity date is the date when your final payment is due. If you close a 30-year fixed-rate mortgage loan on May 1, 2013, the maturity date will be May 1, 2043. If your five-year balloon loan closed May 1, 2013, the maturity date will be May 1, 2018. Be aware of the terms when you accept the mortgage and verify that they match on the note. Final Regular Payment