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re: Mortgage payment when selling home

Posted on 4/2/19 at 9:15 am to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37185 posts
Posted on 4/2/19 at 9:15 am to
The payoff amount includes unpaid interest. So if you don't pay the loan on the 15th, it's going to just mean a larger amount comes out of your sale proceeds at closing, plus, they might hit you with a late fee.

It's not money "wasted", it's money you owe.
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