when is the first repayment?

[2CheekyMonkeys]

just wondering when is your first repayment due? we are paying weekly, so is it the first week of settlement or do you get a bit of time up your sleeve?

[Mama2two]

Hi Hollo,
Your first repayment is due usually 1 month after your settlement date.
You should call your lender to get some sort of confirmation though.
HTH

[Karina]

I'm pretty sure we also had to make our first repayment on or before 1 month from the settlement date. When we settled, our lender sent us all that information. Best to contact your lender to confirm. We made a double payment for our first payment.

[Lulu]

It should be on your paperwork.

[2CheekyMonkeys]

thanks, should be getting our paper work this coming week sometime! :-)

[misty]

Ours was a f/n after settlement. but it may depend on what kind of repayments you are making - ours are f/n.