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 loan was closed in early August, but the first payment isnât due until October. This phenomenon occurs because mortgages are paid in arrears, not in advance, meaning payment is made at the end of a certain period, such as one month.his differs from monthly rental payments, which are paid in advance for the month they cover; if you rent a property, your payment due on say August 1st covers the month of August. Itâs gets tricky when you start making mortgage payments, as the start date of your first payment is determined by your closing date.